AI

Banks in talks to lend $38 billion to fund sites for OpenAI: FT

Published

2 months ago

November 28, 2025

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Synopsis

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI.

Reuters

A group of banks is in talks to lend another $38 billion for Oracle and data centre builder Vantage to fund further sites for OpenAI, the Financial Times reported on Friday, citing people familiar with the matter.

Reuters could not immediately verify the report.

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