Oracle Plans to Raise Up to $50 Billion for AI Infrastructure Buildout — Update
By Mauro Orru
Oracle said it plans to raise up to $50 billion this year to fund its artificial-intelligence infrastructure buildout, seeking fresh capital to satisfy growing demand from clients.
The cloud-services giant said it expects to raise between $45 billion and $50 billion through a combination of debt and equity. It said it plans to use the money to build additional capacity for its cloud infrastructure business so it can meet demand it has already contracted from the likes of Nvidia, Meta Platforms, TikTok, ChatGPT-maker OpenAI, Elon Musk's xAI and chip maker Advanced Micro Devices.
Oracle said it hoped to raise roughly half of the money through a combination of equity-linked and common equity issuances, including an initial issuance of mandatory convertible preferred securities. On the debt side, the group said it expects to wrap up a single, one-time issuance of investment-grade senior unsecured bonds early this year to cover the remaining half of the fundraising effort.
Oracle shares declined more than 2% Monday premarket. Nasdaq-100 futures fell nearly 1% as some investors continue to harbor fears that high AI spending commitments are creating a market bubble that is waiting to burst.
Oracle's fundraising plans could pressure margins and weigh on the company's earnings per share, Jefferies analysts wrote in a note to clients.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
February 02, 2026 07:29 ET (12:29 GMT)
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