Oracle launches $20 billion capital raise amid AI spending push; alphabet taps european markets

Oracle has initiated a substantial $20 billion capital raise to fund its expanding infrastructure dedicated to artificial intelligence. Concurrently, Alphabet is engaging with the European debt markets. Separately, Anthropic reported that its revenue reached nearly $17 billion during the third quarter. Matt Witheiler, who serves as head of late-stage growth at Wellington and holds an investment in Anthropic, provided new insights from the company's amended IPO filing. Meanwhile, Apple is currently trading at its highest valuation since 2008, just ahead of its upcoming earnings report.