Business & Enterprise3 min reading time
Oracle says one AI data centre could cost it a $7bn power guarantee
The Next Web
Read full postOracle is building a nearly $15 billion AI data center in Wisconsin but faces a $7 billion power guarantee requirement from the local regulator due to credit rating concerns. The Public Service Commission of Wisconsin tightened rules to protect existing customers from risks if the data center defaults on power payments. Oracle disputes the requirement, citing its financial strength and offering a reduced guarantee, while highlighting national security implications amid US-China competition in AI




