Report: JPMorgan and Mitsubishi UFJ lead $3.8 billion funding for Oracle Data Center.
According to informed sources, JPMorgan Chase and Mitsubishi UFJ Financial Group are leading a debt financing plan of around $38 billion to provide funding support for Oracle's relevant 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. Another source also indicated that the two data center parks in Wisconsin and Texas will be developed by Vantage Data Centers and will be completed to provide computing power support for OpenAI by Oracle.
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