Oracle a ‘Show Me Story’ on Big AI Debt Bet, JPMorgan Says

The Oracle offices in Redwood City, California.

Photographer: David Paul Morris/Bloomberg

Oracle Corp.’s aggressive artificial intelligence spending plan has put the cloud computing giant’s corporate bonds under a harsh spotlight as Wall Street searches for cracks in the AI boom.

JPMorgan Chase & Co. credit analyst Erica Spear expects pressures on the company’s bonds will persist in the new year.