Oracle to attempt major fundraising to dig out of AI-based hole it has dug - News Summed Up

Oracle to attempt major fundraising to dig out of AI-based hole it has dug


The announcement coincides with persistent fears about whether massive AI-linked investments by tech companies such as Oracle can pay off. A succesful raise could help Oracle begin to dig itself out of its pit, said Gil Luria, an analyst at DA Davidson & Co. The company borrowed US$18 billion in last year in what was one of the year’s largest corporate bond offerings. As Oracle debt swelled and Wall Street raised concerns of an AI bubble, investors rushed to buy credit default swaps tied to Oracle, which by December pushed the prices on some of the derivatives to the highest since the 2008 financial crisis. Making this significant of an announcement on a Sunday afternoon is unusual for a mature company such as Oracle.


Source: Taipei Times February 02, 2026 17:14 UTC



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