WASHINGTON, Jan 27 (Reuters) - Oracle (ORCL.N), opens new tab on Tuesday said issues faced by U.S. users of social media app TikTok are the result of a temporary weather-related power outage at an ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The 38,500-square-foot data ...
Oracle’s aggressive AI-first infrastructure expansion underpins OpenAI’s Stargate vision, transforming cloud into a core national-scale compute and energy resource. This $300 billion investment ...
Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
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 ...
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 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 ...
We explained why this project requires more scrutiny in a Dec. 4 editorial (the commission was initially set to vote on the contracts Dec. 5). But with the vote now just a day away, we're recapping ...
Memphis, Tenn.-based Methodist Le Bonheur Healthcare is the latest health system to report being impacted by an early 2025 data breach involving Oracle Health. In April, the EHR vendor notified the ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
While controversy stirs around OpenAI’s Stargate data center project in Saline Township, another data center complex nearly as big is being quietly planned 45 miles northeast in Lyon Township. A ...