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Business

Oracle plans to raise $20B, its whole limit through 2030

Oracle filed on Monday to sell $10 billion of new shares and $10 billion of bonds. Last week it promised to raise no more than $20 billion of new money through its 2030 financial year. Prices and interest rates are not set yet.

Oracle launched the two offerings in filings on Monday, November 2. It says the money is for general corporate purposes, which may include capital spending and paying back debt. Oracle is spending heavily on data centres for AI, and its shares fell on the news.

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Business

Nvidia says it will buy $3B of Meta’s new shares

The two companies will deepen their work on Meta’s Muse AI models, and Meta intends to use more of Nvidia’s Vera Rubin systems. Meta is selling about $35 billion of new stock, and Nvidia, AMD and Broadcom have shown interest in up to $5 billion of it.

Nvidia announced the $3 billion investment in a release dated October 26, the day Meta filed details of its share sale with US regulators. The investment is not complete yet. Neither company gave chip numbers, a time frame or a value for the hardware.

Business

Anthropic’s public IPO filing shows $16.3B in half a year

Anthropic made its stock market prospectus public on Monday and plans to list on Nasdaq as “ANT”. Revenue in the first half of 2026 was $16.3 billion, up from $1.2 billion. The net loss was $80.7 billion, mostly a paper loss on convertible notes.

Anthropic filed its prospectus with the US Securities and Exchange Commission on Monday, October 26, so investors can now read it. Its revenue was $16.3 billion in the first six months of 2026. It has not yet set the number of shares or their price.

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Business

Anthropic’s IPO filing lists existential risks, reports say

Reuters and the Financial Times say they have seen the unpublished prospectus. It shows revenue up twelvefold in 2025 and an operating loss of $8 billion.

Anthropic’s prospectus for its planned stock market listing warns that advanced AI could pose “catastrophic or existential risks to humanity”, Reuters reported on September 28 after reviewing the filing. It shows revenue of nearly $4.6 billion in 2025, twelve times the year before, and a net loss of $42 billion, most of it an accounting charge. Anthropic declined to comment.

Business

Blue Cross ties $942 million in extra hospital costs to AI

Its insurers say AI coding tools make patients look sicker on paper. Hospitals say their patients really are sicker.

The Blue Cross Blue Shield Association said on September 24 that hospitals billed more stays as medically complex from 2023 to 2025. It estimates that this added $942 million in costs for Blue plans, with no matching change in care, and links the rise to AI coding tools. The hospital industry calls such claims unproven.