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Related Digital lands 16 billion financing for Oracle Michigan data centre campus deal
Business
Published on 25 April 2026
Debt backed by PIMCO funds could reshape US data
Related Digital has secured $16 billion in financing for a Michigan data centre campus built for Oracle. The package combines equity from Related Digital and Blackstone with long-term debt backed by PIMCO-managed funds. The move underscores how major tech firms are accelerating expansion across the US as demand for cloud and AI infrastructure keeps rising.
- Related Digital raised $16 billion for an Oracle Michigan data campus
- Financing blends equity from Related Digital and Blackstone
- Long-term debt is anchored by PIMCO-managed funds
- Signals wider US data centre buildout by major tech firms
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times