Oracle is reportedly planning up to 30,000 job cuts due to US banks refusing to finance its AI data centre buildout.

Blackstone ( BX) is weighing a larger role in financing Oracle's ( ORCL) Michigan data center, including a possible debt ...

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 ...

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 ...

Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...

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AUSTIN (KXAN) — Texans have a new tool to track how their tax dollars are being spent on local projects. The Texas Legislature voted to create the “Local Government Bond, Tax, and Project Transparency ...

Oracle (Nasdaq: ORCL) and OpenAI have partnered on massive data-center construction that is underway across the U.S., including the enormous Stargate project in Abilene, Texas, which signals the rise ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...