By Dan Rabb, Data Centers
Publication Date: 2026-04-02 18:27:00
Oracle’s latest Stargate data center project is nearing funding after months of negotiations with investors who question the future of the development.
Related digital — Related Cos.‘ new data center arm – has entered into a $16 billion financing deal for a massive data center in Saline Township, Michigan, to be leased oracle, Bloomberg reported.
The project is part of the technology company Stargate Infrastructure partnership for artificial intelligence with OpenAI.
The financing comes in the form of a $2 billion equity investment Blackstone and $14 billion in debt, led by Bank of…
