Oracle's data center campus in New Mexico, part of its 'Stargate Project,' has secured an $18 billion project finance loan. The deal is one of the largest recent debt financings in the technology sector and was led by a consortium of 20 banks, including Sumitomo Mitsui Banking, BNP Paribas, Goldman Sachs, and Mitsubishi UFJ. This massive capital injection is aimed at building out the necessary infrastructure to support the immense requirements for artificial intelligence development. The financing underscores the significant capital investment Oracle is making to expand its AI capabilities and compete in the rapidly growing AI market.