India, Feb. 1 -- Oracle Corp. said it plans to raise $45 billion to $50 billion in 2026 to support the expansion of its rapidly growing Oracle Cloud Infrastructure business. The company is raising capital to build additional capacity and meet contracted demand from major customers, including AMD, Meta, NVIDIA, OpenAI, TikTok, xAI, and others.

Oracle expects to achieve its funding objective through a balanced mix of debt and equity financing, while maintaining a solid investment-grade balance sheet.

On the equity side, the company plans to raise about half of its funding through equity-linked and common equity issuances. This will include an initial issuance of mandatory convertible preferred securities, representing a modest portion of th...