Blue Owl Won't Back $10 Billion Oracle Data Center Deal
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New rumors of stalled data-center funding have sent Oracle’s stock lower, but some experts argue the negative narrative has gotten too harsh.
6hon MSNOpinion
Why Oracle Stock Is Sinking Once Again
Oracle has reportedly failed to secure financing from Blue Owl Capital to fund the construction of a new data center, extending a multi-day sell-off following last week's earnings.
Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center projects for firms including Oracle and Meta Platforms Inc.
Heavy borrowing by CoreWeave and Oracle to build more AI data center capacity is spooking bond markets and debt insurance prices are soaring.
Cloud-computing companies including Oracle Corp., Microsoft Corp. and Meta Platforms Inc. have committed to spend a combined $500 billion on data center leases in the coming years, an astronomical
1don MSN
From Oracle to Broadcom, the Concerns About Artificial Intelligence Stocks Are Starting to Pile Up
Artificial intelligence has been a significant driver of the stock market over the past three years.
Dec 17 (Reuters) - Oracle's largest data center partner, Blue Owl Capital, will not provide funding for a $10 billion deal to build its next facility, a source said on Wednesday, amid growing concerns about the cloud computing company's rising debt and artificial intelligence spending.
Oracle's $10B Michigan data center for OpenAI faces funding setbacks as Blue Owl exits. Learn how this impacts AI growth and Oracle's financial outlook.
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