Oracle says it plans to raise up to $50 billion in debt and equity this year

Oracle expects to raise $45 billion ⁠to $50 billion in 2026 to build additional capacity for its cloud infrastructure, the software company said on Sunday.

The company, chaired by ‌billionaire Larry ‌Ellison, said it plans to achieve its funding objectives using a combination ‌of debt and equity financing.

“Oracle is raising money in order to build additional capacity to meet the contracted demand from our largest Oracle Cloud Infrastructure customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI and others”, the company said in a statement.