Oracle said it was “very confident in OpenAI’s ability to raise funds and meet its commitments.” Indicate the stock decline | Assets

Oracle said it was “very confident in OpenAI’s ability to raise funds and meet its commitments.” Indicate the stock decline | Assets

By Eva Roytburg
Publication Date: 2026-02-02 23:39:00

oracle opened the day higher with plans to raise $50 billion for AI infrastructure. It closed lower after investors were reminded of this Who this infrastructure is intended for.

The company said On Sunday evening, the company said it plans to raise up to $50 billion in debt and equity in calendar year 2026 to finance additional data center capacity for its cloud customers. The market’s initial reaction was positive, with Oracle shares rising about 2% in early trading as investors saw the announcement as confirmation that demand for AI infrastructure remained strong and declining. The market seemed confident that Oracle actually had a plan to solve the problem Debt burden of $100 billion.

As Oracle’s price fluctuated slightly at $168, the social media team added to the story.

“The Nvidia-OpenAI deal has no impact on our financial relationship with OpenAI,” the company said posted To X. “We remain very confident in OpenAI’s ability to raise funds and meet its commitments.”

The…