The AI trade will be tested as Oracle reports third-quarter earnings. Oracle announced a $50 billion financing plan last month to fund its data center buildout. The tech heavyweight's relationship ...
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Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
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.
Microsoft Corporation (NASDAQ: MSFT) has come forward as the company behind a contentious $1 billion data center project in a Michigan township, a revelation that follows local pushback and ...
Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...
Altamonte Springs, Fla.-based AdventHealth has been affected by a 2025 hack of Cerner, now known as Oracle Health. The 50-plus hospital system started notifying impacted patients in December, after ...
South Korean airline Korean Air has disclosed a data breach exposing 30,000 employee records following a cyberattack on its former subsidiary and current catering supplier, Korean Air Catering & ...
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 ...
Blue Owl Capital‘s (NYSE: OWL) decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial ...
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 ...
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 ...