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Oracle Files to Sell $20 Billion in New Stock and Bonds for AI Buildout
Oracle has filed to sell $20 billion in new stock and bonds to fund its expanding artificial intelligence infrastructure.
Oracle has filed to sell $20 billion in new stock and bonds, according to a report by CNBC. The proceeds from this offering are intended to finance the company's ongoing artificial intelligence buildout. This financial move highlights the significant capital investments major technology companies are making to expand their AI capabilities and infrastructure.
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