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Oracle, data center

Oracle might have different backer for OpenAI data center after major investor backs out

Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air.

· 1d · on MSN

Oracle says Michigan data center project talks on track without Blue Owl

· 1d · on MSN

Oracle's AI data-center woes are dragging the entire stock market lower

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FirstFT: US offers Taiwan $11bn of military support

Oracle’s largest data centre partner Blue Owl Capital will not back a $10bn deal for its next facility, as the software group faces increased concerns about its rising debt and AI spending.

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Stocks close sharply lower as AI anxiety returns

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Wall Street closes lower as AI funding jitters drag tech stocks

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Oracle Data Center Expansion Faces Funding Setback

Concerns about Oracle's mounting debt and AI infrastructure expenditure stopped discussions, the newspaper said.

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Funding stalls for Oracle’s Michigan datacenter as Blue Owl bows out: Financial Times

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Oracle data center plan hit as Blue Owl walks from $10 billion deal, source says

17h

Energy regulators approve Saline Township data center contracts with conditions

Opponents of the project erupted with disapproval when Michigan Public Service Commission board members took the vote.

Marketplace

Bytes: Week in Review - Micron's big earnings, Oracle's data center woes and "slop" is Merriam-Webster's word of the year

Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for this week’s Tech Bytes: Week in Review.

mlive on MSN

Michigan’s largest AI data center can move ahead after DTE wins key approval

DTE must commit the data center for ChatGPT creator OpenAI and tech firm Oracle in Saline Township won’t burden other customers’ utility bills, regulators said.

Oracle's $10 Billion OpenAI Data Center Bet Faces Fresh Doubts After Financing Partner Pulls Out — Is The Deal In Jeopardy?

Blue Owl Capital's decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial architecture behind the AI infrastructure boom.

Crain's Detroit Business

Massive AI data center near Ann Arbor approved for 19-year power deal

DELTA TOWNSHIP — Michigan regulators on Thursday signed off on 19-year power contracts for a mammoth artificial intelligence data center near Ann Arbor, a key step forward for the multibillion-dollar project that has become a political flashpoint.

18h

Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members of the public pushed back on the project.

1don MSN

Oracle slides on uncertainity over $10B Michigan data center financing

Oracle (ORCL) shares slid around 6% after talks with private capital group Blue Owl Capital (OWL) to finance a planned $10 billion data center in Michigan collapsed, raising doubts over a key project meant to power OpenAI and highlighting growing investor unease over the company's debt-fueled AI expansion.

4don MSN

Oracle reportedly signs major huge cloud data center deals in the last quarter - nearly $250 billion in new commitments revealed

Oracle has confirmed a continued rise in data center deals, with the value of its lease commitments totalling $248 billion as of November 30, 2025. We recently reported the company planned to raise Capex to $50 billion this fiscal year, up from an earlier forecast of $35 billion.