Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
The software giant wants to expand its cloud infrastructure, even as its stock trails and investor concerns deepen.
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
mlive on MSN
Saline Township planners consider pause on industrial amid OpenAI, Oracle data center backlash
SALINE TWP., MI — Saline Township planners are mulling over ways to have more local control over heavy development, as ...
Feb 1 (Reuters) - Oracle said it expects to raise $45 billion to $50 billion in 2026 to build additional capacity ...
Oracle stock rose on Monday after the tech giant said it plans to raise up to $50 billion this year to fund its ambitious bet on AI and cloud computing.
Blackstone ( BX) is weighing a larger role in financing Oracle's ( ORCL) Michigan data center, including a possible debt ...
The Register on MSN
Oracle's first general on-prem release of its .ai database iteration draws skeptics
Users happy with 19c as experts question AI lock-in Last week, Oracle announced the general availability of Oracle AI Database 26ai Enterprise Edition for Linux x86‑64, but 13-year support for 19c and ...
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