Oracle’s $10 bln Michigan data centre faces funding uncertainty after Blue Owl talks stall (ORCL:NYSE)
Core Viewpoint - Oracle Corp's plans for a $10 billion data center in Michigan are uncertain due to failed funding negotiations with Blue Owl Capital, which has been a key financial supporter for Oracle's major U.S. data center projects [3] Group 1 - The proposed data center in Michigan represents a significant investment of $10 billion by Oracle Corp [3] - Blue Owl Capital was the primary financial backer for Oracle's largest data center initiatives in the United States [3] - The breakdown in funding talks raises concerns about the future of Oracle's expansion plans in the data center sector [3]