Report: JPMorgan Chase and Mitsubishi UFJ Financial lead $38 billion funding for Oracle's data center
According to informed sources, JPMorgan Chase and Mitsubishi UFJ Financial are leading a debt financing plan of approximately $38 billion to provide funding support for Oracle's related data centers in Wisconsin and Texas. Several banks have committed to providing a $23 billion loan for the data center park in Shackelford County, Texas, which is part of the overall debt transaction mentioned above. Other informed sources indicate that the two data center parks in Wisconsin and Texas will be developed by WanJie Data Center Company and, once completed, will provide computing power support for Oracle to serve OpenAI
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