Oracle files to sell $20B in new stock, bonds to finance AI buildout

I would assume it's to hire more lawyers.

Half of that would be in stocks, resulting in 2.5% dilution for shareholders at the current market cap. But the stock is down 8%.

Skynet finally? (Terminator movie used Oracle building as Skynet HQ, forgot which one)

Previously, I thought investing in AI companies would be a good hedge against AI taking my job, but I hadn't considered the possibility that they fund the build out by issuing shares. Is there no reprieve?

I hope nothing but the worst for Oracle as a corporation...though nothing against the technical talent there.

Of all the companies in the world this is one of the ones I root against the hardest. Hoping for the worst outcome on this investment.

Misread the title at first as "to finance AI bailout".

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