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Hacker News · AI· rurp·· 9 hours agoAI score59

Oracle Seeks $20B from Investors to Fund AI Expansion

Oracle taps investors for $20B to finance AI expansion

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Oracle plans to raise $20 billion from investors to fund its AI expansion, according to a Reuters report. Further details regarding capital allocation and specific bond issuance plans have not yet been disclosed.

Source:Hacker News · AI · reuters.com