Oracle Plans $45–$50 Billion Raise in 2026 to Expand Cloud Capacity

Overview

• The company outlined a mix of equity and equity-linked financing for roughly half of the total, including a market share-sale program of up to $20 billion and mandatory convertible notes.
• Oracle plans to raise the remaining funds through a single bond issuance targeted for early 2026.
• The buildout is intended to meet committed workloads from customers named by Oracle, including AMD, Meta, Nvidia, OpenAI, TikTok, and xAI.
• The plan was disclosed in a company statement and reported by O Globo, with no final pricing or exact timing provided.
• Oracle framed the expansion as necessary to add cloud capacity for AI and high-performance computing workloads on Oracle Cloud Infrastructure.