logoalt Hacker News

Oracle to raise $50B as AI debt piles up

19 pointsby zerosizedweasletoday at 7:04 AM3 commentsview on HN

Comments

Thev00d00today at 10:31 AM

Oracle were 40B in profit in 2024.

Now they are out raising debt (again) and equity too, to fund DCs and hardware with no proven return.

I cannot comprehend it.

show 1 reply
nubinetworktoday at 10:50 AM

How's that tiktok purchase going for you, Larry?

show 1 reply