Oracle in talks with Apollo and Goldman Sachs to fund AI chip purchases
ORCL Oracle Corp
$143.56 -0.84%
View chart & analysis → - 1Oracle is in discussions with Apollo and Goldman Sachs to raise funds for large-scale AI chip purchases.
- 2Oracle's total debt of $169.1 billion as of August 2026 increased from $99.5 billion as of November 2024.
- 3Oracle is considering a structure where investors establish a separate company to purchase chips and then lease them to Oracle.
So what's the key point?
Oracle is talking with financial firms to raise money to buy artificial intelligence chips. The company is considering a method where investors buy the chips and lease them back, and its debt has grown to $169.1 billion.
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