Several Banks in Talks to Extend Additional $38 Billion in Loans to Oracle and VANTAGE
2025-11-28 / Read about 0 minute
Author:小编   

A number of banks are currently engaged in negotiations with Oracle and Vantage, a data center construction firm, about a substantial loan of $38 billion. The purpose of this loan is to bolster the development of additional data centers for OpenAI. Industry insiders anticipate that this financing deal will be finalized within the coming weeks, adhering to the standard practices and timelines of large-scale financial agreements in the tech sector.