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 ...

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 ...

Blue Owl Capital is not planning to provide financial backing to Oracle's planned data center in Saline Township, Michigan. The data center project, valued at $10 billion, is being developed by Oracle ...

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 ...

Oracle stock plunges over 7% as OpenAI data-center delay to 2028 sparks fresh worries. Oracles $300B AI build-out faces new pressure after Bloomberg reported construction setbacks and a $15B capex ...

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 ...

The lawsuit filed against Yorkville City Hall attempting to halt the development of the Cardinal data center campus is continuing into next week and may have a new party involved. Attorneys for Sugar ...

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) ...