Oracle bonds sell off as AI investment fuels investor concerns
Tehnologie
Oracle Corp bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI infrastructure, according to analysts and investors. Oracle did not immediately respond to a request for comment. Oracle has invested billions of dollars to build out its cloud and AI infrastructure this year. With roughly $104 billion in debt outstanding, including $18 billion in bonds, the
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