Oracle plans to raise $20 billion through bonds and stock sales
Economic Times Techen
The company said last week that it expects capital spending to peak this fiscal year and the next as it builds more cloud-computing capacity, but pledged to raise no more than $20 billion in additional financing for AI through fiscal 2030.
This is a short summary published by AI Global Wire. The full article is owned and hosted by Economic Times Tech — open it there to read it in full.
Read the full story at Economic Times TechRelated AI news
- UK energy company Drax partners with Brookfield and neocloud Radiant to develop an AI data center in North Yorkshire, targeting 100MW of capacity by Q1 2028 (Kai Nicol-Schwarz/CNBC)Techmeme · November 3, 2026
- Three questions that will define AI's political powerAxios · November 3, 2026
- Anthropic cracks down on game cloning in Claude Code after wave of AI-built knockoffsThe Decoder · November 3, 2026
- CSBC Taiwan, Havoc advance local production of unmanned boatsDIGITIMES · November 3, 2026
- 세계 스마트시티 혁신 한자리에…'SCEWC 2026' 개막ETNews (KR) · November 3, 2026
- South Korea urged to link chip fab support to local suppliersDIGITIMES · November 3, 2026