Oracle amps up its AI bet with a plan to raise as much as $50 billion this year

This isn't Oracle's first attempt to raise money in pursuit of its AI buildout. In September, the company issued an $18 billion bond offering that struck some analysts as unusual for its inclusion of ...

Oracle dips 3% after announcing $50 billion fundraising plans. Here's why

Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud ...

Oracle says it plans to raise up to $50 billion in debt and equity this year

Oracle expects to raise $45 billion to $50 billion in 2026 to build additional capacity ​for its cloud infrastructure, the ...

Oracle Boosts Data Center Job Forecast After Local Opposition

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than ...

Relational Databases Software Market to Surge from USD 45 Billion in 2024 to USD 75 Billion by 2033, Advancing at a 7.5% CAGR - Market Research Intellect

The growth of the Relational Databases Software Market is primarily driven by the exponential rise in enterprise data volumes ...
Bloomberg L.P.

Oracle Says Blue Owl Not in Michigan Deal, Talks on Track

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
CNBC

Oracle's lease commitments jump by almost 150% as company builds out to meet AI demand

Oracle is simultaneously planning heavier capital expenditures and signing up for leases to meet demand for cloud infrastructure for artificial intelligence customers such as OpenAI. The company ...
Forbes

Oracle Stock Drops 11% After Second Quarter Revenue Misses Estimates

Oracle Corp’s stock fell sharply Wednesday in after-hours trading, after the cloud company reported quarterly earnings that missed Wall Street estimates, continuing a long slump prompted by worries ...
Superhero Hype

Upcoming Batman Family Movie From DC Gets Big Update

The DC movie slate is expanding with new updates surrounding its Batman family projects. After months of limited news on the Caped Crusader’s universe, one long-awaited feature has finally moved ...
Gizmodo

The ‘Dynamic Duo’ Movie Is Having a Casting Call Next Week

If you think you can help with the puppet performances for DC's 'Dynamic Duo,' Swaybox wants to see what you've got and bring you on board. Reading time 1 minute DC Studios is putting out a public ...
Reuters

Oracle names insiders Clay Magouyrk, Mike Sicilia as co-CEOs in surprise move

Safra Catz replaced as CEO after 11-year tenure Catz credited with steering AI strategy Cloud execs Clay Magouyrk and Mike Sicilia appointed as co-CEOs New co-CEOs underscore cloud importance, ...
The Motley Fool

Prediction: Oracle Will Surpass Amazon, Microsoft, and Google to Become the Top Cloud for Artificial Intelligence (AI) By 2031

Oracle is on its way to becoming the best cloud for AI and high-performance computing. Oracle multicloud is cutting networking complexity and reducing data transfer latency. OpenAI will need to raise ...