Oracle's $10 billion Michigan data center in limbo after Blue Owl funding talks stall, FT reports


Figurines with computers and smartphones are seen in front of Oracle logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

Dec 17 (Reuters) - Oracle's largest data center partner Blue Owl Capital will not back a $10 billion deal for its next facility, as the software group faces increased concerns about its rising debt and artificial intelligence spending, the Financial Times reported on Wednesday.

(Reporting by Jaspreet Singh in Bengaluru)

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