Oracle Plans Up to $50 Billion Fundraise in 2026 to Scale Cloud and AI Infrastructure

• 02 Feb 2026
• TM Team
• 0 Comments

Oracle is preparing to raise between $45 billion and $50 billion in 2026 as it accelerates investments in cloud infrastructure to meet surging demand driven by artificial intelligence workloads. The move underscores intensifying competition among global technology giants to expand large-scale AI data centres.

The US-based software major said the proposed fundraising will support the expansion of Oracle Cloud Infrastructure (OCI) capacity, as demand from some of the world’s largest technology companies continues to grow. Oracle counts AMD, Meta, Nvidia, OpenAI, TikTok, and xAI among its key cloud customers.

According to the company, the funding will be raised through a combination of debt and equity instruments. Nearly half of the capital is expected to come from equity-linked and common equity offerings, including mandatory convertible preferred securities and a newly announced at-the-market equity programme of up to $20 billion. The remaining amount is planned to be raised through senior unsecured bond issuances, expected to begin in early 2026.

“Oracle is raising money to build additional capacity to meet contracted demand from our largest Oracle Cloud Infrastructure customers,” the company said in a statement.

The disclosure comes at a time when Oracle’s capital expenditure plans are under closer scrutiny. Earlier this month, the company faced a lawsuit from bondholders who allege that Oracle did not fully disclose the extent of additional debt required to finance its AI infrastructure expansion.

Meanwhile, industry reports suggest Oracle is also reassessing its cost structure to fund its AI ambitions. A recent report indicated that the company may cut up to 30,000 jobs as it reallocates resources toward AI-focused data centre investments. Additionally, research cited by investment bank TD Cowen suggests Oracle is exploring potential asset sales, amid reports that some US banks are becoming more cautious about financing large-scale AI data centre projects.

As AI adoption accelerates globally, Oracle’s aggressive fundraising and infrastructure expansion signal its intent to remain a serious contender in the rapidly evolving cloud and AI services market.