Oracle is reportedly looking to raise $15B in corporate bond sale as it funds massive AI infrastructure deals.
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Oracle To Raise $15B In Corporate Bond Sale
Oracle is reportedly looking to raise $15B in corporate bond sale, according to Bloomberg. The move comes just weeks after the company inked a historic AI infrastructure deal with OpenAI, sparking speculation about how Oracle plans to fund its aggressive expansion into artificial intelligence. Image Credits:SOPA Images / Contributor / Getty Images A Bold Funding Move For AI Growth Cloud infrastructure giant Oracle is preparing a massive bond sale that could be split into as many as seven parts. One portion may even take the form of a rare 40-year bond, a strategy often used by companies signaling long-term confidence in their financial stability. TechCrunch has reached out to Oracle for further details, but the company has yet to comment. Backdrop: AI Partnerships Driving Demand This funding effort comes shortly after Oracle reportedly agreed to provide OpenAI with $300 billion worth of compute power. The sheer scale of the deal raised immediate questions about financing, making the bond sa…
