Oracle to raise $20 billion in stock and debt sales to fund AI expansion as shares plunge nearly 9%
Oracle, a major technology company, announced it will raise $20 billion through stock and bond sales to fund expansion of its artificial intelligence and cloud infrastructure. The announcement came as Oracle's stock price dropped nearly 9 percent.
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1 articleOracle to raise $20 billion in stock and debt sales to fund AI expansion as shares plunge nearly 9%