Meta’s latest 600-MW solar PPA with ENGIE brings their Texas partnership to 1.3 GW, revealing tech giants’ growing energy footprint and the renewable infrastructure needed to support AI and data center expansion.
Oracle Corporation is closing in on a landmark $38 billion debt offering to accelerate its data center development across the United States. The financing would support major campus projects in Texas and Wisconsin as part of the company’s expanding AI infrastructure partnership with OpenAI. This represents the largest debt package ever associated with artificial intelligence infrastructure development.
Oracle is reportedly close to finalizing a $38 billion debt offering to fund its expanding data center operations in Texas and Wisconsin, according to sources familiar with the matter. The financing package, which would be the largest debt arrangement associated with AI infrastructure to date, signals Oracle’s aggressive push into the competitive cloud and artificial intelligence markets.
The Texas energy landscape is undergoing a dramatic transformation as AI datacenter developers flock to the state’s oil-rich regions, drawn…
