Data center giant Oracle 's stock rose 2% in Monday morning trading, after the company announced plans to raise up to $50 billion to develop additional capacity for customers.
Hyperscalers have scrambled to build the infrastructure needed to power AI, with data center deals hitting a record $61 billion in 2025 and multiple big tech firms committing huge sums amid a funding rush.
Oracle said on Sunday it planned to raise $45 billion to $50 billion of gross cash proceeds during the 2026 calendar year to build additional capacity to meet contracted demand from its cloud customers, which include Nvidia , Meta , OpenAI, AMD , TikTok and xAI. The funding will be raised in debt and equity.