Blue Owl shopped debt for a CoreWeave data center. Lenders weren't sold.

Bloomberg/Getty Images

• Blue Owl Capital failed to secure financing for a $4 billion data center project in Pennsylvania.
• One lender said the lack of interest was due to CoreWeave's creditworthiness.
• AI data center investments face financing challenges due to concerns about credit risk.

Blue Owl Capital, a leading investor in the data center boom, was unable to arrange financing for a $4 billion data center it is co-developing in Pennsylvania after pitching...