Oracleβs US$50b AI Cloud Raise Versus Valuation And Weak Momentum
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Oracle plans to raise $45b to $50b through a mix of debt and equity to rapidly expand its cloud infrastructure. The funding is tied to contracted demand from major AI and tech clients including AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI. The announcement comes as Oracle, NYSE:ORCL, pursues long term growth in AI focused cloud services. Oracle, NYSE:ORCL, is committing substantial capital to support cloud demand from large AI and social platforms, with the stock last closing at $164.58. The...
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Oracle plans to raise $45b to $50b through a mix of debt and equity to rapidly expand its cloud infrastructure. The funding is tied to contracted demand from major AI and tech clients including AMD, Meta, NVIDIA, OpenAI, TikTok, and xAI. The announcement comes as Oracle, NYSE:ORCL, pursues long term growth in AI focused cloud services. Oracle, NYSE:ORCL, is committing substantial capital to support cloud demand from large AI and social platforms, with the stock last closing at $164.58. The...