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Oracle, Vantage in talks with lenders for $38B in debt to fund data centers:
Nov. 28, 2025
A consortium of banks and lenders are in discussions with Oracle (ORCL) and Vantage Data Centers to lend the pair an additional $38B to build data centers for OpenAI (OPENAI), the Financial Times reported.
The deal is expected to be finalized in the next several weeks, the news outlet added, citing people familiar with the matter.
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