A group of banks is reportedly in discussions to extend an additional $38 billion in financing to Oracle and data center developer Vantage to support the construction of new sites for OpenAI, the Financial Times reported Friday, citing sources familiar with the matter.
Banks in Talks to Provide $38 Billion for Oracle and Vantage to Expand OpenAI Data Centers
Nov 28, 2025, 3:40 a.m. ET
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