TechBloomberg Tech1h ago
Blue Owl’s Stack Eyes $6 Billion Loan
Blue Owl’s Stack Eyes $6 Billion Loan as Selloff Hits AI Sector
TL;DRData center company Stack needs $6 billion loan amid AI sector cooling.
Why it matters: Tests whether investors still fund AI infrastructure as market sentiment weakens significantly.
Data center company Stack Infrastructure Inc. is seeking an A$8.6 billion ($6 billion) loan, a person familiar with the matter said, in what would be a major test of investor sentiment toward AI debt in the region at a time of mounting concerns.
Read full articleSource: Bloomberg Tech · Opens in new tab