Arabian Post

Oracle lines up vast funding push for AI cloud expansion

Among those running significant workloads on Oracle Cloud Infrastructure are OpenAI, Meta, Nvidia, AMD, TikTok and xAI, people close to the matter said. These customers require vast clusters of ...

Oracle predicts investors poised to pump $50 billion into its cloud this year alone

The announcement says Oracle “expects” to raise $45 to $50 billion of gross cash proceeds during the 2026 calendar year alone ...
ITWeb

Oracle eyes $50bn capital raise to drive cloud expansion

The US database software giant plans to achieve its funding objective by using a combination of debt and equity financing.

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

After issuing an $18 billion bond offering last fall, Oracle intends to tap the debt and equity markets anew in 2026.

Oracle Will Fire 30,000 Employees To Fuel AI Expansion Globally

Oracle — one of the world’s largest enterprise software and cloud computing companies — is reportedly planning to lay off up ...