By @SiliconANGLE
Publication Date: 2026-02-02 02:41:00
Oracle Corp. has given investors another reason to be nervous after today announcing a plan to raise between $45 billion and $50 billion this year to fund the expansion of more data center capacity for artificial intelligence workloads.
The cloud infrastructure and database giant has announced this raise the money through a combination of debt and equity sales, allowing it to meet contractual demand for computing resources from customers such as OpenAI Group PBC, Meta Platforms Inc., Advanced Micro Devices Inc., Nvidia Corp., xAI Corp., TikTok and others.
Investors have become always more cautious about the massive AI-linked infrastructure investments that major tech companies have made over the last year, and they are particularly worried about Oracle, which has taken on large amounts of debt to finance its new data center projects. It is share has fallen more than 50% after hitting a record high on September 10, shedding more than $460 billion in market capitalization.
In a…