Related Digital nears $16 billion financing for Oracle data center, source says

FILE PHOTO: Oracle logo is seen in this illustration created on September 9, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

April 1 (Reuters) - Data center ⁠developer Related Digital is closing in on $16 billion of ⁠financing for an Oracle data center in Michigan, a ‌source familiar with the matter said on Wednesday.

(Reporting by Juby Babu in Mexico City; Editing by Maju Samuel and Leroy Leo)