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Oracle rises after company announces $50 billion fundraising plans. Here's what's happening
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
Oracle (NYSE:ORCL) announced on Friday that it expects to raise $45 billion to $50 billion in cash this year through a ...
The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...
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 ...
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