Alphabet, the parent of technology giant Google, has announced a definitive agreement to acquire Intersect, which provides data center and energy infrastructure solutions, for $4.75 billion in cash, ...
Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
After resistance to a data center campus in eastern Henrico County, a developer appears to be pivoting to an industrial park proposal. Plans filed with the county last week for the 195-acre site on ...
Signing a 12-figure contract with a customer is one thing. Collecting is a whole other matter.
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 ...
Shares of Broadcom, CoreWeave and Oracle all dropped on Monday, extending last week's declines. While the artificial intelligence boom shows no signs of easing, investors have grown concerned about ...
The 'Fast Money' traders talk report Oracle is delaying data centers. Political malpractice: Johnson faces bipartisan blowback for nixing ACA subsidies vote The Navy built this and barely anyone knows ...
Oracle's stock is coming off its worst month since 2001 due to Wall Street's concern about the company's debt obligations tied to artificial intelligence. In the company's earnings report on Wednesday ...
LANSING — Energy regulators heard largely negative public feedback Wednesday night on proposed power contracts needed to launch Michigan's first "hyperscale" artificial intelligence data center, two ...
North Carolina is becoming home to an increasing number of data centers, which handle the data needed for cloud computing and artificial intelligence. But they also present challenges. McClatchy ...
People watch the Hermantown City council hear public comment on a proposed data center on Oct. 20. They weren't allowed to enter the building because it was at capacity.
GlobalLogic, a provider of digital engineering services part of the Hitachi group, is notifying over 10,000 current and former employees that their data was stolen in an Oracle E-Business Suite (EBS) ...