Oracle has transitioned from a software licensing business to a high-margin, subscription-based database and database management software company, to now a major player in cloud computing, with OCI ...
The OpenAI deal fallout exposes the fundamental danger of being the most leveraged player in a market where the chip cycle moves faster than the concrete dries.
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Blackstone (BX) is weighing a larger role in financing Oracle's (ORCL) Michigan data center, including a possible debt investment, according to a media report on Wednesday. “Bank of America is leading ...
Developer Tract acquired a massive plot of land in the distant suburbs of Chicago and plans to build the infrastructure to support a 2.9M SF, 1-gigawatt data center campus on the site. The Morris ...
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
A massive data center planned for Saline Township is close to becoming a fait accompli, hammered into this tiny Washtenaw County community over the objections of residents, the elected board that ...
Oracle Corp. has been hit with two new proposed class actions for not protecting sensitive personal data of its customers’ employees in a data breach. The company specializing in cloud based data ...
SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...