By Brody Ford and Se Young Lee
Publication Date: 2026-02-02 14:36:00
(Bloomberg) – Oracle Corp. plans to raise $45 billion to $50 billion this year through a combination of debt and equity sales to build additional cloud infrastructure capacity, reflecting the level of funding needed to fuel AI growth.
The company is raising money to build additional capacity to meet the contracted needs of the company’s largest cloud customers, including Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc. and xAI Corp., the company said in a statement on Sunday.
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On Monday, the company launched an issuance of U.S. dollar bonds expected to be worth about $20 billion to $25 billion, according to people familiar with the matter who spoke on condition of anonymity because they are not authorized to speak publicly.
The announcement and sale of the bond coincide with ongoing fears about whether massive investments by technology companies like Oracle related to artificial intelligence will pay off. Oracle in…