Oracle plans to raise $20 billion through bond and share sales, regulatory filings showed on Monday, as the software giant taps investors to fund its costly AI and cloud infrastructure build-out.
\n\nShares of the company fell nearly 5%, extending a roughly 33% decline this year through Friday.
\n\nOracle said it would use the proceeds for general corporate purposes, including capital spending, debt repayment, acquisitions, dividends and share buybacks.
\n\nThe fundraising underscores the scale of Oracle’s AI investment as it seeks to more than triple revenue by fiscal 2030. The company said last week that capital spending would peak this fiscal year and the next, while pledging to raise no more than $20 billion in additional financing for AI through fiscal 2030.
\n\nShares rallied about 11% on Wednesday after CFO Hilary Maxson said Oracle also expects free cash flow to turn positive in the second half of fiscal 2028.
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\n\nOracle had $125.34 billion in notes payable and other borrowings as of August 31, compared with fiscal 2026 revenue of $67.36 billion. It expects revenue to exceed $225 billion and adjusted earnings to top $21 per…
Original source: https://www.cnbctv18.com/technology/
