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Oracle is reportedly close to receiving a $38 billion debt offering to support its data center developments in Texas and Wisconsin in the US. As reported by Bloomberg, and citing people with knowledge ...

Investment banks are preparing a $38 billion debt package to fund the development of data centers linked with Oracle. JPMorgan Chase & Co. and Mitsubishi UFJ Financial Group are leading the debt ...

The potential financing would back projects developed with Vantage Data Centers, a partner in earlier efforts to expand capacity for OpenAI workloads. Banks have shown continued interest in supporting ...