$Oracle(ORCL.US) Misfortunes never come singly
Report: Oracle's $10 billion AI data center financing is hindered as long-term partner Blue Owl withdraws
Oracle Corporation has encountered a significant setback in its AI infrastructure expansion plan, as its largest partner Blue Owl Capital withdraws from the $10 billion data center financing. This news caused Oracle's stock price to drop 2% in pre-market trading. Oracle's cash flow is tight, with its stock price falling over 40% since the peak in September. Although Blackstone has intervened in negotiations, no agreement has been signed yet, and the financing outlook remains uncertain. Oracle stated that its development partner Related Digital has chosen the "best equity partner," and negotiations are ongoing
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