By J.D. Capelouto
Publication Date: 2025-12-17 22:50:00
Oracle shares slumped on Wednesday amid stalled negotiations over financing a U.S. data center project, fueling concerns on Wall Street and in Washington about the billions being poured into AI infrastructure.
The Financial Times reported that Oracle is the top financier of its largest data center projects will not finance a $10 billion, 1 gigawatt plant in Michigan over concerns about the software giant’s rising debt and AI spending. Cloud computing companies like Oracle, Microsoft and Meta have built a collective sum $500 billion in commitments Bloomberg reported that this is heading towards data center leases.
These future commitments have called for greater scrutiny from investors – amid fears of an AI bubble – as well as from investors US legislators worried about it Voter backlash for rapid AI expansion.
