SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
Blue Owl Capital (OWL) will not proceed with backing a planned $10B, 1-gigawatt Oracle (ORCL) data center in Michigan intended to serve OpenAI after negotiations stalled amid concerns over Oracle’s ...
Oracle (ORCL) has delated the completion for some of the data centers developing being developed for OpenAI to 2028 from 2027, Brody Ford of Bloomberg reports, citing people familiar with the work.
Oracle missed its Q3 revenue estimates; its shares slipped by at least 11% after the market closed. Oracle has leaned into AI, betting big on massive data center expansion to win more business. Oracle ...
A measure of Oracle Corp.’s credit risk climbed on Wednesday after the database company posted a jump in spending on data centers and other equipment, raising fresh doubts about how quickly it can ...
Oracle ORCL-1.94%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...
The artificial intelligence cloud provider released a blowout earnings report back in September that noted huge new demand for its AI cloud business. But not long after, Oracle's stock retreated as ...
According to a report by Fortune, Madhavi Singh argues that the collaboration between AI giants like OpenAI, Oracle, and Nvidia could stifle competition. Singh, deputy director of Yale's Thurman ...
Oracle Health now reports to Mike Sicilia, co-CEO of Oracle, Bloomberg reported Nov. 11. According to organizational charts cited by Bloomberg, Mr. Sicilia has assumed oversight of Oracle Health. This ...