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Related Digital has secured $16 billion in financing to develop a massive data center campus for Oracle in Michigan, specifically dedicated to supporting the company's AI business operations. The facility is set to feature a significant operational capacity of one gigawatt, marking it as a cornerstone of Oracle's digital infrastructure. Blackstone is participating in the equity funding, while funds managed by PIMCO are anchoring the long-term, fixed-rate debt financing. This project is critical for Oracle as it scales its cloud computing and AI processing capabilities to meet surging global demand. The scale of the investment, backed by major institutional players, underscores the strategic shift toward large-scale infrastructure tailored for artificial intelligence workloads.
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