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Blue Owl Capital Withdraws Funding for Oracle's Data Center

12/17/2025

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Summary

Story summary

Blue Owl Capital will not fund Oracle's $10 billion data center project in Saline Township, Michigan.
The move follows concerns about Oracle's rising debt and AI spending.
Negotiations broke down over lease terms that were less favorable than prior deals.
The Saline Township facility is part of the Stargate initiative announced in October, while Oracle is currently seeking a new financial partner after Blue Owl Capital's withdrawal.

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Story summary

Blue Owl Capital will not fund Oracle's $10 billion data center project in Saline Township, Michigan.
The move follows concerns about Oracle's rising debt and AI spending.
Negotiations broke down over lease terms that were less favorable than prior deals.
The Saline Township facility is part of the Stargate initiative announced in October, while Oracle is currently seeking a new financial partner after Blue Owl Capital's withdrawal.