Saline Township Data Center Faces Potential Funding Snag

Saline Township data center faces potential funding snag

A rendering of Related Digital’s planned data center in Saline Township, Mich. Credit: Related DigitalA multibillion dollar data center planned for Saline Township has taken a major hit to its funding, with a prime financial backer reportedly pulling out of the project.  According to a report from the Financial Times, Blue Owl Capital – tech giant Oracle’s largest data center partner – will not provide $10 billion in funding to support the proje…

Saline Township resident takes legal action to stop data center

Open the article to view the coverage from The Michigan Daily

A stalled $10 bn job will increase recent considerations of an AI amenities bubble, Wall Street flinches

Blue Owl, the most important data centre companion of Oracle will definitely not authorize a $10bn supply for its following middle because the software program program firm encounters boosted hazard of monetary obligation climbing and AI prices. Blue owl stays in talks with Oracle and a few mortgage suppliers, intending to buy the supposed 1 gigawatt data centre being constructed to supply OpenAI in Saline Township, Michigan. But the association…