An AI data center is being planned in Memphis, Tennessee. As reported by BizJournals and others, real estate investment firm Golden Acquisitions purchased 1341 Sycamore View Road in late December ...
Oracle stock fell 11% today, as investors fret over how much the company is spending to build out AI data centers for OpenAI and others. Oracle Chairman Larry Ellison, whose roughly 40% stake has made ...
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.
Nebius' problem is one most startups dream of: it has sold out of capacity and can't build fast enough. Its plan to reach 2.5 gigawatts of contracted power by 2026 will require billions in upfront ...
Banks led by JPMorgan and MUFG are preparing a $38 billion debt deal to fund Oracle-linked data centers in Texas and Wisconsin. The projects are part of Oracle’s $500 billion “Stargate” plan with ...
Oct 22 (Reuters) - OpenAI, along with Oracle (ORCL.N), opens new tab and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead ...
We recently published 10 Trending Stocks to Watch as Brad Gerstner Explains Tailwinds for AI Trade – ’10x Manhattan Project’. Oracle Corp (NYSE:ORCL) is one of the trending stocks to watch. Joseph ...
Oracle has released an emergency update to address a critical security flaw in its E-Business Suite software that it said has been exploited in the recent wave of Cl0p data theft attacks. The ...
Taiwan’s first female aboriginal director Laha Mebow is presenting her upcoming feature “The Skull Oracle,” a dark intergenerational story about women of the Tayal indigenous people, at Busan’s Asian ...
On Tuesday, September 16, President Trump signed an executive order to extend the grace period TikTok has to finalize the sale of its US assets. In the wake of the new executive order, giants like ...
TikTok’s US operations would be acquired by a consortium that includes Oracle Corp., Andreessen Horowitz and private equity firm Silver Lake Management LLC under a deal President Donald Trump is set ...
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