Blue Owl Won't Back $10 Billion Oracle Data Center Deal
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CoreWeave and Oracle have borrowed heavily to build more AI data-center capacity, spooking bond markets and sending debt-insurance prices soaring.
Oracle Cloud Infrastructure has introduced A4 Standard instances powered by Ampere Computing’s AmpereOne M silicon, available in both virtualized and bare metal configurations. The company recently divested from Ampere but continues to offer the chips to customers.
Blue Owl Capital's decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial architecture behind the AI infrastructure boom.
An update on Oracle's data center plans was the latest development giving investors anxiety about the health of the AI trade on Wednesday.
The markets are growing concerned with the IT company's ability to finance data center build-outs and its partnership with OpenAI.