Michigan OpenAI-Oracle data center project reportedly grew from $7B to $16B
A user claims the project needed $9 billion more than at its start and says rising equipment costs and milestone-based funding payouts are creating shortfalls across data center builds.
TLDR
A user claims a Michigan OpenAI-Oracle data center project grew from $7 billion to $16 billion, with further increases expected. They say generator and electrical-equipment costs rose as much as 400% in a year, while funding shortfalls have forced some project sponsors to seek other financing or abandon builds midway. The user also claims chip costs for the Michigan project had risen by an extra $40 billion as of June.
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