Oracle sued by bondholders over growing debt for AI buildout

Oracle has been sued by bondholders who claim the company concealed how much debt it would need to sell to support the AI buildout for Oracle's $300 billion OpenAI deal. The bondholders argue that the bond offering documents did not disclose that Oracle would need additional debt beyond the $18 billion and that it was already in the process of seeking additional funding. As a result, purchasers of the bonds suffered significant losses and damages.