Oracle files to sell $20 billion in new stock, bonds to finance AI buildout
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Oracle filed with regulators on Monday to sell up to $20 billion in new stock and bonds to fund its artificial intelligence infrastructure buildout. The filing, made with the Securities and Exchange Commission, gives the software giant flexibility to raise capital through a mix of common shares and debt securities as demand for AI data center capacity accelerates. The move underscores the enormous capital expenditures required to compete in AI, where Oracle has committed to large-scale cloud and computing investments to serve customers including OpenAI. Investors will be watching for how the company times any offerings, the eventual size and pricing of the securities sold, and whether the fundraising pressures Oracle's free cash flow and balance sheet as it ramps AI-related spending.
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