Oracle bonds sell off as AI investment fuels investor concerns


Oracle logo is seen in this illustration taken September 9, 2025. REUTERS/Dado Ruvic/Illustration

(Reuters) -Oracle bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI infrastructure, according to analysts and investors.

Oracle has invested billions of dollars to build its cloud and AI infrastructure this year. With roughly $104 billion in debt outstanding, including $18 billion in bonds, the company is spending more than it earns from operations as it bets on future profits through contracts with startups such as OpenAI.

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