Story perspectives
Oracle Secures $18 Billion Loan for AI Data Center
11/9/2025
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Story summary
- Oracle secured an $18 billion loan from a consortium of about 20 banks to fund a new data center campus in Doña Ana County, New Mexico.
- This project is part of the Stargate initiative, a $500 billion effort to enhance AI infrastructure across the U.S.
- The loan is expected to have a four-year maturity, with pricing discussions at 2.5 percentage points over the Secured Overnight Financing Rate.
- Despite the investment, Oracle's stock fell 1.86%, indicating market uncertainties.
- The new data center aims to meet rising demand for AI-driven technologies and strengthen Oracle's market position.
