Blue Owl’s Stack Adds to AI Debt Rush With $2.1 Billion Loan

Blue Owl Capital’s data center subsidiary, Stack Infrastructure, is pursuing a A$3 billion ($2.1 billion) loan to expand operations, per insider sources. The funding will accelerate development in Australia, targeting high-demand regions for AI and cloud infrastructure growth. This move aligns with a broader industry trend of data center operators securing debt to finance rapid AI-driven expansion. Australia’s strategic location and rising AI adoption make it a key market for hyperscale data center investments. The loan reflects intensifying competition among providers to meet surging computational demands from AI workloads and cloud services.