AIReutersabout 2 hours ago
Oracle Caps AI Funding at $20 Billion
1 min read
Oracle plans to raise exactly $20 billion via bonds and shares to fund AI and cloud infrastructure through fiscal 2030. The company expects positive free cash flow of at least $30 billion by fiscal 2029, supporting revenue of at least $90 billion. Shares fell around 6% in early afternoon trading.
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