Data center giant OracleShares of ‘s stock rose 5% in premarket trading Monday, after the company announced plans to raise up to $50 billion to develop additional capacity for customers.
Hyperscalers have been scrambling to build the infrastructure needed to power AI, with data center deals reaching a record $61 billion in 2025 and several large technology companies are committing enormous sums amid a rush for financing.
Oracle said Sunday it plans to raise $45 billion to $50 billion in gross cash revenue in calendar year 2026 to build additional capacity to meet contract demand from its cloud customers, including Nvidia, Meta,OpenAI, AMDTikTok and xAI. The financing will be raised in debt and equity.
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Oracle shares over the past year.
Oracle has recently made huge bets on deploying AI infrastructure. In September, it raised $18 billion in a bond sale and signed a $300 billion deal with OpenAI.
Investors have concerns reported on Oracle’s aggressive AI development plans and increasing debt.
Oracle stock has fallen 50% since its September peak. It fell 11% after disappointing quarterly results in December, where it reported revenue slightly below expectations.
THURSDAY, Microsoft stocks fell 10% after investors latched onto growth in its Azure cloud computing platform and other cloud services that fell slightly short of expectations, although many analysts remained optimistic.
Meta stocks jumped 8% after reporting huge spending on AI the same day.