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 ...
Shares of the cloud infrastructure and database giant Oracle Corp. fell more than 4% during regular trading today after a Financial Times report claimed that one of its key financial partners, Blue ...
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...
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 (Nasdaq: ORCL) and OpenAI have partnered on massive data-center construction that is underway across the U.S., including the enormous Stargate project in Abilene, Texas, which signals the rise ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
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 ...
Nov 7 (Reuters) - A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg ...
ORCL's growth is driven by its fast-expanding OCI cloud business, major AI partnerships (including OpenAI/Stargate), and accelerating SaaS adoption. Management guides for 16% total revenue growth and ...
Oct 30 (Reuters) - OpenAI, Oracle and Related Digital will build a data-center campus of more than 1 gigawatt in Saline Township, Michigan, as part of their Stargate push to expand U.S. artificial ...
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