Related Digital Raises $16B to Accelerate Oracle AI Data Center Infrastructure Growth

Related Digital and Oracle

Data center developer Related Digital on Friday confirmed it has secured $16 billion in financing to build a landmark AI data center campus in Saline Township, Michigan — exclusively for Oracle. The funding package, backed by Blackstone equity and PIMCO-anchored debt, marks one of the largest data center capital raises in U.S. history and forms a key pillar of the broader Stargate AI infrastructure initiative led by OpenAI and Oracle.

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