Oracle's Wisconsin Stargate data center is one year behind schedule, threatening $50 billion in projected revenue and risking credit downgrade. Separately, Nebius signed a 12-year deal with AIB Data Centers for 50 MW of AI computing capacity in the southeastern US, potentially generating $1-1.25 billion in annual revenue starting in 2028.
AIB Data Centers signed a 12-year, 50 MW AI data center agreement with Nebius, backed by a 15-year, 65 MW electric service agreement in Texas. The deal converts AIB's secured power capacity into long-term contracted AI infrastructure revenue, with customer prepayments reducing equity dilution needs. AIB's total contracted power reached approximately 120 MW.