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Oracle's AI spending for 2026 exceeds forecast, raising worries over growing debt
June 10 : Oracle's capital spending for 2026 exceeded its projection and the cloud computing company said on Wednesday it would raise more debt in 2027, reflecting the staggering scale of cash burn needed to buildout its AI infrastructure.Its shares fell 5 per cent in extended trading, after Oracle said it ex
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cryptobriefing.com
Oracle expects to raise $40B through debt and equity financing in FY 2027
Oracle plans to raise $45-50 billion through debt and equity financing to expand its AI cloud infrastructure, backed by a $300 billion OpenAI deal.
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channelnewsasia.com
Oracle's AI spending blows past estimates, raising worries over growing debt
June 10 : Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also raise more debt in…
