Oracle looks to raise $18 billion in debt

Group 1 - Oracle aims to raise $18 billion in debt to invest in cloud infrastructure to meet increasing AI demand [1][2] - The company is ramping up spending to fulfill cloud infrastructure contracts with clients like OpenAI, which is expected to significantly increase its capital expenditure [1] - The debt will be sold in six parts, with proceeds potentially used for general corporate purposes, including stock repurchases, debt repayment, and acquisitions [2]