Dec 17 (Reuters) - 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 ...
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 ...
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 ...
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 ...
Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for this week’s Tech Bytes: Week in Review. Building artificial intelligence tools requires a lot of graphic ...
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Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off. Stocks in some major companies ...
Oracle (NYSE: ORCL) missed revenue expectations and pushed out key data center timelines to 2028, triggering a broad reassessment of near-term AI infrastructure returns. Massive capital requirements, ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
Shares of Oracle are down big from the all-time high they reached in August. Oracle's AI spending could be viewed as reckless or a bold bet worth taking. Optimists about Oracle's new direction should ...
Oracle (ORCL) shares slid around 6% after talks with private capital group Blue Owl Capital (OWL) to finance a planned $10 billion data center in Michigan collapsed, raising doubts over a key project ...