Oracle Says Michigan Data Center Deal Moving Ahead Without Blue Owl [Yahoo! Finance]
Oracle Corporation (ORCL)
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Source: Yahoo! Finance
On December 17, Oracle Corporation (NYSE:ORCL) said talks around an equity deal for a major data center project in Michigan are “on schedule” and will move forward without Blue Owl Capital. Blue Owl has played a role in financing large data center projects for companies such as Oracle and Meta Platforms in recent months, but it will not be involved in this one. The company explained that its development partner, Related Digital, selected “the best equity partner from a competitive group of options, which in this instance was not Blue Owl.” Oracle Corporation (NYSE:ORCL) was responding to a report from the Financial Times that cited people familiar with the matter who said Blue Owl would not back the roughly $10 billion project. The Financial Times also reported that discussions with Blue Owl had stalled during negotiations. Oracle Corporation (NYSE:ORCL)'s heavy spending on large-scale data centers to support artificial intelligence workloads has put the company at the center of
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ORCL
Earnings
- 12/10/25 - Beat
ORCL
Sec Filings
- 12/19/25 - Form 144
- 12/11/25 - Form 10-Q
- 12/10/25 - Form 8-K
- ORCL's page on the SEC website