Blue Owl Won't Back $10 Billion Oracle Data Center Deal
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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.
Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company’s flagship artificial intelligence infrastructure projects.
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Oracle’s AI expansion hits snag as key investor pulls back: Report
Oracle Corp. (ORCL) reportedly faces a setback in its AI data center expansion as its major funding partner, Blue Owl Capital, withdrew from a $10 billion investment for a new facility in Saline Township,