A group of global banks is in advanced talks to lend a massive US $38 billion to Oracle and data-centre builder Vantage Data Centers. The money will fund new server-farm sites for OpenAI. If the deal closes, it will mark one of the biggest financing packages ever for AI infrastructure.
OpenAI itself carries little debt; instead, it relies on partners — like Oracle, Vantage, and others — to build and run its computing backbone. So far, these partners have taken on nearly US $100 billion in debt tied to OpenAI’s expansion plans. The new funds are likely to support massive campus-scale data centers in U.S. states such as Texas and Wisconsin.
The race to expand compute infrastructure reflects surging demand for AI services and the growing ambition of OpenAI’s long-term vision. Still, the heavy debt load carried by its partners underscores the financial risks involved — even as investors bet big on the future of generative AI.
#AIInfrastructureFunding
#OpenAI
#Oracle
#VantageDataCenters
#AIInfrastructure
#DataCentreLoan
#38BillionLoan
#AIComputeExpansion
#TechDebt
#CloudServers
