Oracle Corporation plans to secure $45-50 billion (around ₹4.585 lakh crore) in 2026 to supercharge its cloud infrastructure amid exploding AI demand from giants like NVIDIA, OpenAI, Meta, AMD, xAI, and TikTok. Led by Larry Ellison, the firm will split the funds evenly: half via equity tools including a $20 billion “at-the-market” program and convertible securities, the other half from a one-time investment-grade bond issuance early next year spearheaded by Goldman Sachs and Citigroup. No further debt is planned for 2026.
This aggressive capital push addresses “contracted demand” for Oracle Cloud Infrastructure (OCI) to fuel compute-intensive projects, like its huge OpenAI deal. It comes amid bondholder lawsuits claiming hidden debt levels for AI builds and a spike in Oracle’s debt insurance costs to five-year highs in December 2025. The move underscores Oracle’s high-stakes bet on dominating AI cloud services.
