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9 OpenAI’s Stargate Project Gets $3 Billion Blue Owl Investment

The Information
Miles Kruppa @ The Information 1 place · today 09:00 EDT

OpenAI’s Stargate Project Gets $3 Billion Blue Owl Investment

Blue Owl Capital, one of Wall Street’s biggest private lenders, is ramping up its big bet on artificial intelligence with a roughly $3 billion investment in a New Mexico data center that’s part of OpenAI’s Stargate project, said a person with knowledge of the deal.

Blue Owl, which has nearly $300 billion in assets, has emerged as a crucial investor in AI infrastructure, taking on the riskiest slices of big projects. That makes the deals attractive to more conservative lenders such as banks while giving Blu

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