Industry
A 16B financing for a giant Oracle data center in Michigan has closed, with BofA selling 14B in bonds; Oracle plans to use the campus to power apps for OpenAI (Bloomberg)
Bloomberg: A 16B financing for a giant Oracle data center in Michigan has closed, with BofA selling 14B in bonds; Oracle plans to use the campus to power apps for OpenAI — A $16 billion financing for
Bloomberg: A 16B financing for a giant Oracle data center in Michigan has closed, with BofA selling 14B in bonds; Oracle plans to use the campus to power apps for OpenAI — A $16 billion financing for a giant Oracle Corp. data center in Michigan has wrapped after months of stop-and-start negotiations with investors.
Related
- TikTok's plan to build a ~$38B data center campus in Brazil, its first in Latin America, is facing local pushback over sustainability in a semi-arid area (Financial Times)
- Australian data center operator NextDC plans to raise AU1.5B in equity for its 350MW Sydney site rollout, and raises its FY26 capex by AU300M to AU2.7B-AU3B (Sneha Kumar/Reuters)
- The US Energy Information Administration plans to implement a mandatory nationwide survey of data centers focused on their energy use (Molly Taft/Wired)
- SynMax: ~40% of US data centers due in 2026 are facing delays, with major sites for Microsoft, OpenAI, and others likely set back by more than three months (Financial Times)
Source: Techmeme | 2026-04-25