Oracle plans to raise between $45 billion and $50 billion this year as it looks to fund its huge bet on cloud computing.

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.

Oracle has said it plans to raise between $45-50 billion in debt and equity in 2026 to help fund the expansion of its cloud computing business. As reported by The Information, Oracle will use the ...

The capital injection aims to satisfy surging cloud demand from heavyweight clients including OpenAI, Meta, Nvidia, AMD, ...

Oracle has unveiled Oracle Compute Cloud@Customer, a rack-scale cloud infrastructure that enables organisations to use Oracle Cloud Infrastructure (OCI) compute services anywhere. With Compute ...

Oracle shares were higher on Monday after the company disclosed plans to raise between $45 billion and $50 billion in funding ...

Oracle's new financing efforts come after Wall Street showed skepticism around its costly build-out of data centers and other ...

SAN JOSE, Calif.--(BUSINESS WIRE)--RackWare, a leading innovator in hybrid cloud management solutions, today announced the certification of RackWare's Cloud Migration and Disaster Recovery solution on ...

New OCI Compute instances with next-generation processors from NVIDIA and Ampere Computing help increase performance and efficiency for GPU- and CPU-based workloads The upcoming OCI Compute instances ...

Oracle is introducing Oracle Compute Cloud@Customer, a rack-scale cloud infrastructure that enables organizations to use Oracle Cloud Infrastructure (OCI) compute services anywhere. According to the ...

Latest addition to industry's first distributed cloud portfolio now available as a single rack in customer data centers Oracle Compute Cloud@Customer enables organizations to run applications and ...