Oracle stock dips 4% on report Blue Owl Capital won't back $10 billion data center

The Oracle logo exhibited during the Mobile World Congress, on February 28, 2019 in Barcelona, Spain.Oracle stocks dipped about 4% on Wednesday following a report that discussions with Blue Owl Capital on backing a $10 billion data center in Michigan had stalled, although the cloud company later disputed the report.Blue Owl had been in talks with Oracle about funding a 1-gigawatt facility for OpenAI in Saline Township, Michigan, according to the Financial Times.However, the plans fell through due to concern ...