Oracle gets bank interest for $38 billion in new funding to support OpenAI sites

Oracle gets bank interest for  billion in new funding to support OpenAI sites

By Faizan Farooque
Publication Date: 2025-11-28 11:23:00

This article first appeared on GuruFocus.

oracle (ORCL, Finance) holds the preliminary round Discussions with several banks about a loan package According to a Financial Times report citing people familiar with the matter, around $38 billion will be invested to help build more data center locations for OpenAI. Reuters has not confirmed the details, but the talks show how quickly capital needs are increasing across the AI ​​infrastructure sector.

The potential funding would support projects developed with Vantage Data Centers, a partner in previous efforts to expand capacity for OpenAI workloads. Banks have continued to show interest in supporting these expansion measures, even as the size of the commitments increases. Oracle has already taken on significant debt this year, including an $18 billion bond sale and multibillion-dollar project loans for planned facilities in New Mexico, Texas and Wisconsin.

If implemented, the new package would be among the largest AI-related financings to date…