As part of its $300 billion cloud compute contract with OpenAI, Oracle may need to borrow roughly $100 billion over the next four years to build the datacenters required, according to KeyBanc's projections.

KeyBanc Capital Markets reportedly estimates that Big Red may need to raise about $25 billion a year in debt over the next four years if it intends to build all the extra cloud compute infrastructure required as part of a deal the company signed with OpenAI earlier this month. Where that funding will come from is anyone's guess, but it makes this one of the largest deals in AI look increasingly like one propped up by debt that, were the AI bubble ever to pop, could mean a lot of unpaid bills.

The OpenAI agreement sent Oracle shares soaring earlier this month after the company confirme

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