Oracle Raises $18 Billion in Second-Biggest Bond Sale This Year

Oracle Seeks $15 Billion Bond Sale to Fund Massive AI Push

Oracle Corp. sold $18 billion US investment-grade bonds on Wednesday, the market’s second-largest deal this year, as the software maker ramps up its spending to meet the needs of the artificial intelligence boom.

Demand peaked at nearly $88 billion, according to a person with knowledge of the matter.