Business · 1d ago
Oracle faces $7B collateral demand for Wisconsin data center
Oracle could be required to post $7 billion in collateral to secure financing for its planned Wisconsin data center. The demand stems from lender concerns over project risks and Oracle's financial exposure. The facility is part of Oracle's cloud infrastructure expansion to compete with AWS and Azure.
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The collateral demand signals lenders' skepticism about Oracle's cloud ambitions, potentially slowing its data center buildout.
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