New Delhi, Feb. 2 -- Oracle Corp. shares slipped on Monday following the announcement that the company is planning to raise up to $50 billion this year through a combination of debt and equity sales. This capital will be utilized to expand its cloud infrastructure capabilities.

Oracle is raising these funds to satisfy rising demand from its premier cloud clients, which include major entities such as Advanced Micro Devices Inc., Meta Platforms Inc., Nvidia Corp., OpenAI, TikTok Inc., and xAI Corp., according to a company statement issued on Sunday.

The company has initiated a US dollar bond offering as it seeks to secure between $45 billion and $50 billion in 2026. The debt issuance is structured in up to eight tranches with maturities s...