A new report states that a coalition of banks is in talks to provide an additional $38 billion in lending to support the development of massive data centers tied to OpenAI.
The funding would go toward Oracle and data center builder Vantage, both of which are key partners in expanding the physical infrastructure needed to power OpenAI’s future AI models and support its global growth.
This comes as demand for high-compute facilities continues to surge, with OpenAI requiring significantly more capacity to train and deploy its next-generation AI systems.
The additional financing would accelerate the construction of new sites and strengthen the company’s long-term cloud and compute capabilities.
If finalized, this would represent one of the largest data infrastructure funding efforts in the era of AI.
It highlights the scale of investment in supporting advanced AI models and the infrastructure that powers them.
Key Takeaways:
- Banks are in discussions to lend $38 billion for new OpenAI-related data center sites.
- The financing would support Oracle and Vantage in expanding AI infrastructure.
- Reflects the massive capital demand behind next-generation AI development.
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