Oracle has raised $18 billion in debt, which could help fund massive datacenter investments aimed at meeting surging demand from AI model builders and enterprise customers.

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According to Securities and Exchange Commission filings yesterday [PDF], Big Red sold the bonds to raise cash for a number of activities including capital expenditures.

The move follows Oracle's first quarter results from earlier in the month, when it stunned the stock market by announcing it had bagged cloud contracts , signed but not yet paid for, worth $455 billion.

Later, credit rating agency Moody's noted that to provide that kind of capacity, Oracle would have to rely on debt . In commentary attached to a research note, Moody's said it

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