Oracle Data Center Nears $16 Billion Financing in One of the Largest AI Infrastructure Deals

Related Digital is finalizing $16 billion in financing for a giant Oracle data center project, Bloomberg reported Wednesday, after months of stop-and-start negotiations with investors that tested the appetite for large-scale AI infrastructure commitments. The deal, if completed, would rank among the largest single data center financing transactions in history, reflecting the scale of capital now flowing into AI compute infrastructure. Oracle has positioned its cloud division as a major competitor to Amazon Web Services, Microsoft Azure, and Google Cloud for AI workloads, and has been aggressively expanding its capacity to meet demand from enterprise customers and AI companies. The protracted negotiations highlight the complexity of financing infrastructure at this scale. Data center projects of this magnitude require long-term debt arrangements, offtake agreements from anchor tenants, and confidence in the durability of AI-driven demand -- all of which have been moving targets as interest rates and market conditions fluctuate. Oracle separately disclosed this week that it is cutting more than 10,000 jobs across multiple divisions, in part to offset the cost burden of its infrastructure investment push. The $16 billion financing, combined with the reported headcount reductions, paints a picture of a company making an all-in bet on AI infrastructure while managing the financial strain of that commitment. Related Digital's involvement signals the growing role of real estate and infrastructure-focused capital in AI data center development, as traditional tech financing channels have struggled to absorb the volume of investment required by the current buildout cycle. Bloomberg reported the financing developments on April 1, 2026.