Skip to content
United Arab Emirates · Saudi Arabia · United States of America
File

Oracle enterprise applications and AI infrastructure

This dossier tracks AI integrations in Oracle applications and expanded computing options, including partners, access terms and announced schedules.

Last updated : 4 key moments

Where things stand

As of 2 November 2026, Oracle has priced stock and bond offerings totaling $20 billion. Closing is expected on 4 November subject to conditions. AI integration and computing-capacity projects remain distinct from their financing.

Oracle prices $20 billion in stock and bond offerings

Oracle announced the pricing of two public offerings totaling $20 billion on 2 November 2026, split equally between stock and debt. They accompany its costly cloud and AI infrastructure expansion; closing is expected on 4 November, subject to conditions.

Oracle logo.
Oracle logo for identification. — Oracle Corporation, Wikimedia Commons — public domain (PD-textlogo).

The company is offering 86,206,897 shares at $116 each, for roughly $10 billion gross. The debt consists of five fixed-rate tranches paying 7% to 8.65%, with maturities from 2029 to 2046.

Oracle says net proceeds may fund general corporate purposes, including capital expenditure, debt repayment, acquisitions and shareholder distributions. They are therefore not wholly earmarked for an identified AI project.

Either offering may close independently of the other. Pricing does not mean that the proceeds have already been received.

Sources 4

Oracle plans more data centres in the UAE and Saudi Arabia

Oracle plans to expand its data centres in the United Arab Emirates and Saudi Arabia over the next six months, regional executive Cormac Watters told The National in an interview published on 29 October 2026.

Oracle campus in Austin, United States, in March 2018. Archive image; this is not a Gulf data centre.
Oracle campus in Austin, United States, in March 2018. Archive image; this is not a Gulf data centre. — DronePhotographer / Wikimedia Commons — CC0 1.0 https://creativecommons.org/publicdomain/zero/1.0/ ; 17 mars 2018, sans modification.

Watters said the company had already added facilities during the preceding six months and attributed the expansion to artificial intelligence demand. He declined to identify every location for security reasons.

The interview also describes customers' interest in data sovereignty and continuity arrangements in another country. Banks would need regulatory approval for such arrangements. The proposed timetable remains a supplier forecast, with no public list of new sites or evidence of their future commissioning.

Sources 3

Oracle and OpenAI plan enterprise-application access in ChatGPT

Oracle and OpenAI announced an expanded partnership on 27 October 2026 to connect ChatGPT with Oracle applications and data. Oracle AI Workspace is in development; the announcement is not general availability of the full feature set.

Corporate logo of Oracle
Oracle logo, used for identification. — Oracle Corporation, Wikimedia Commons — public domain (PD-textlogo).

The stated aim is to let employees find information and complete approved finance, procurement or planning tasks within their organization's permissions.

Oracle also presented AI Security Mesh for security testing, App Composer for building applications with Codex, and a bundle for small businesses. US customers can purchase access to OpenAI products through Oracle Marketplace. Oracle says future-feature timing, pricing and scope may change: the announcements alone do not establish availability or operational benefits.

Sources 3

Oracle plans Google TPU availability on OCI in 2027

Oracle and Google announced on 27 October 2026 that Google's TPU AI accelerators would become available on Oracle Cloud Infrastructure from 2027. Deployment is expected to ramp over several years.

Corporate logo of Oracle
Oracle logo, used for identification. — Oracle Corporation, Wikimedia Commons — public domain (PD-textlogo).

The partners say OCI will be the first hyperscale cloud outside Google to offer the processors. Oracle will provide data-center power, cooling and networking.

The chips are intended for both model training and production use, known as inference. The agreement expands the announced hardware choices for Oracle customers, but performance and savings claims remain those of the suppliers. The announcements give neither customer pricing nor an initial capacity figure; they do not announce immediate availability.

Sources 3