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Event Brief

Oracle Plans $50B Raise for Cloud Expansion in SF

Oracle aims to raise up to $50 billion to enhance cloud infrastructure, impacting local tech jobs and economy.
WHO: Oracle Corp.
WHAT: Raising $45-$50 billion in debt and equity
WHEN: Feb 2, 2026 at 11:42 AM ET
WHERE: San Francisco, CA
WHY: To build additional cloud infrastructure capacity for AI growth
Sources (1): The Mercury News

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