Oracle to raise up to $50bn in debt and equity in 2026 to fund OpenAI & cloud buildout
Also reportedly considering 20-30k in layoffs
Also reportedly considering 20-30k in layoffs
z17 system sees strongest first three quarters in two decades
Will be used to support Zettabyte's expansion in Japan
Previously warned increase could see capex nearly double YoY
Capex reaches new high of $37.5bn
Aims to help speed up AI buildout
Funding received from southeast Asian holding company Society Pass Inc.
Funding will be used to expand AI infrastructure in Australia and APAC
Two combine to create an AI cloud offering
Projects proposed by True Internet, GSA, Stellar DC, and Freyr Tech
Ultimately aims to raise $30bn in equity
Bondholders claim Oracle concealed how much debt it would need during bond sale
While MGU establishes AI insurance facility
Cites recent reports of data center delays
Company valued at $1.8bn for round
Will be used to fit out Polarise's data center in Germany
Company on track for annual revenue surpassing €1bn, propped up by public cloud growth
Follows funding rounds in September and October 2025
Mubadala Capital in talks to lead the round
Meanwhile, US ISPs Point Broadband and Clearwave Fiber merge
Company teams up with Ekso Bionics to form ChronoScale Corporation
Oracle maintains that negotiations are "on schedule" for project, Blackstone could pick up the bill
Would see OpenAI also using AWS' custom AI chips
Sees company valued at $4.5bn after just two months of operations