According to a report from Bloomberg, the cloud infrastructure giant plans to raise up to $15 billion through a corporate bond sale. The offering could consist of seven separate tranches, with one potentially being a rare 40-year bond, a sign of the company’s long-term strategic ambitions.
The timing is significant. The report comes only weeks after Oracle reportedly inked a multi-hundred-billion-dollar agreement with OpenAI to provide the AI research lab with $300 billion worth of computing power. That blockbuster deal immediately raised questions about how the two companies plan to finance such an enormous investment.
In addition to the OpenAI partnership, Oracle is also said to be in talks with Meta over a potential $20 billion computing contract, further signaling its aggressive push to dominate the AI infrastructure market.
Meanwhile, the company is undergoing a leadership transition. On Monday, Oracle announced that Safra Catz would step down from her role as CEO and instead join the company’s board of directors as Executive Vice President. She will be succeeded by co-CEOs Clay Magouyrk and Mike Sicilia, marking a new chapter for the tech giant as it doubles down on large-scale AI ventures.
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