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Oracle Seeks $20 Billion for AI Growth as Meta Weighs New Debt

By ChordNews · First written (updated )

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Summary

Bloomberg reports that Oracle is seeking $20 billion for AI growth while Meta weighs new debt. For almost three months, Big Tech companies stayed out of the US bond market after a debt binge in the hundreds of billions of dollars spooked investors. Bloomberg says they are now returning to the market in force.

This continues an earlier story: Microsoft plans up to $25 billion bond sale to fund AI push

Later: Big Tech Turns to Bond Markets as Investors Grow Wary of an AI Bubble

Timeline

  1. Bloomberg

    Source ↗

    Bloomberg reports that Oracle is seeking $20 billion for AI growth as Meta weighs new debt, and that Big Tech companies are borrowing in the US bond market again after nearly three months of staying away.

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