tech
February 2, 2026
Oracle rises after company announces $50 billion fundraising plans. Here's what's happening
The tech giant has invested huge sums in the AI infrastructure buildout in recent times.
TL;DR
- Oracle plans to raise $45 billion to $50 billion in gross cash proceeds during 2026.
- The funding will be used to build additional capacity for its cloud customers, including Nvidia, Meta, OpenAI, AMD, TikTok, and xAI.
- The funding will be raised through debt and equity.
- Oracle previously raised $18 billion in a bond sale and inked a $300 billion deal with OpenAI.
- Investor concerns have been raised regarding Oracle's aggressive AI buildout and debt.
- Oracle's stock has dropped 50% since its September peak.
- Microsoft shares fell 10% after growth in its cloud services fell slightly below expectations.
- Meta stocks jumped 8% after reporting significant AI spending.
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