Oracle to raise $50B as AI debt piles up

2 comments

• nubinetwork 1 hour ago
  How's that tiktok purchase going for you, Larry?
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  • Gud 1 hour ago
    It curried favor, gained him an immense amount of data and I’m suspecting is a source of revenue from various black intelligence projects.
• Thev00d00 1 hour 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.

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  • Ekaros 1 hour 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.