Oracle’s $300B OpenAI pact could require $100B in new debt
2 Articles
2 Articles
Oracle’s Massive AI Expansion: $100B Debt, OpenAI Deal Raise Bubble Risks
In the high-stakes world of artificial intelligence infrastructure, Oracle Corp. is betting big on a future dominated by cloud computing and massive data centers, but it’s doing so with a mountain of borrowed money that could reshape its financial future. The company recently announced a partnership with OpenAI that could balloon into a $300 billion commitment over time, prompting Oracle to eye up to $100 billion in additional debt to fund the n…
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