Data center project in Saline hits financing snag

The controversial data center project in Saline Township — touted by Gov. Gretchen Whitmer this month as critical to the state’s long-term competitiveness — is now reportedly “in limbo.”

Why it matters: The $10 billion project about 40 miles west of Detroit is part of ChatGPT creator OpenAI’s work with tech giant Oracle to boost computing power for AI.

  • New questions about the project reverberated Wednesday on Wall Street amid growing fears of an AI bubble.

Driving the news: The Saline Township project’s financing is in doubt after Blue Owl Capital walked away from talks over investing in the data center, the Financial Times…..

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