Oracle to raise $50B as AI debt piles up

(marketwatch.com)

19 points | by zerosizedweasle 3 hours ago

2 comments

  • nubinetwork 11 minutes ago
    How's that tiktok purchase going for you, Larry?
  • Thev00d00 30 minutes ago
    Oracle were 40B in profit in 2024.

    Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return.

    I cannot comprehend it.

    • Ekaros 4 minutes ago
      Me neither. Isn't that enough? Does the line always have to go up? It really look like stock market and tech companies are classic gamblers. No gain or profit is good enough to just take it and stop.