Oracle is seeking a capital raise of up to $50 billion to scale cloud infrastructure capacity

Oracle Corporation plans to raise $45 billion to $50 billion in gross revenue this year to fund significant expansion of Oracle Cloud Infrastructure capacity for some of its largest contract customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others. The company intends to use a balanced mix of equity and debt capital, with approximately half of the capital coming from…