Faster global financial news!
Oracle's $18 billion AI loan is struggling to sell, with banks quoting prices down to 89-91 cents on the dollar, signaling emerging pressure in the AI financing chain.
Distribution of Oracle's approximately $18 billion syndicated loan for its Project Jupiter data center in New Mexico has stalled, with bank bids falling to 89-91 cents on the dollar, valuing the loan at roughly $16 billion to $16.4 billion. Oracle's stock price bucked the trend overnight, falling 2%, and its recent performance has been significantly weaker than the overall AI sector. This loan is intended for the $500 billion "Stargate" AI infrastructure project, jointly led by OpenAI, SoftBank, and Oracle. Market concerns are growing regarding Oracle's continued debt accumulation and weakening credit profile. S&P downgraded its corporate credit rating in July, placing it just one notch above junk status.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source：华尔街见闻 · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Turkish investment bank Tera Group collapsed, with $14 billion in funds liquidated. The Department of Justice characterized it as a "Ponzi-like scheme."
-
2
UBS raises AI capital expenditure forecast: Nearing $1 trillion by 2026, with 90% of the increase driven by memory price hikes
-
3
Barclays: The First Wave of Physical AI Disruption May Not Be Humanoid, Specialized Robots Are Superior
-
4
Barclays: Humanoid robot computing power demand is mainly concentrated in edge AI, with limited but significant incremental growth for data centers.
-
5
AI data center company Nscale has publicly filed for a U.S. IPO, seeking to raise up to $3 billion. NVIDIA holds over 5% of its shares, and it has secured a $45 billion lease commitment from Anthropic.
-
6
The dollar had its strongest week since June after the Federal Reserve's rate hike, with the Bloomberg Dollar Spot Index rising 1.1% this week.
-
7
OpenAI's new model, Astra, has captured 13% of enterprise AI spending within two weeks of its launch, prompting Anthropic to consider an early release of its new model to compete.
-
8
Lookonchain Monitoring: A whale associated with Matrixport deposited 1,000 BTC, worth $81.06 million, to Binance.
-
9
Vantora (formerly UP.Labs) raised $100M, focusing on physical AI startups for industrial corporations
-
10
California Governor Signs Executive Order to Strengthen AI Regulation, Evaluate Setting Up AI "Emergency Kill Switch," Criticizes Trump Administration as "Sleepwalking"
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
