Hacker NewsHN submitter: smartmic
Original published:

Oracle files to sell $20B in new stock, bonds to finance AI buildout

Oracle files to sell $20B in new stock, bonds to finance AI buildout

Oracle filed plans to issue new shares and debt to finance its artificial intelligence buildout.

Key points

  • •The financing is intended to support its artificial intelligence buildout.
  • •The plan includes issuing new shares and additional debt.
  • •The plans were filed on Monday.
#AI Companies & Funding#Semiconductors & Infrastructure#Oracle
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