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 ...
Oracle stock drops 5.4% as Blue Owl Capital exits $10B data center project over debt concerns. ORCL down 50% from September peak as financing issues mount.
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
Oracle's project management tools, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, have been integrated to streamline project timelines, financial controls, and collaboration ...
Shares in tech giant Oracle ($ORCL) slumped 5% today on reports that its largest data center partner, Blue Owl ($OWL), had pulled the plug on ...
Oracle tightened its embrace of the Cloud Native Computing Foundation (CNCF), announcing a curated set of open source software plucked from CNCF’s menu of projects. The CNCF projects are part of what ...
Oracle’s aggressive push to reinvent itself as an artificial intelligence heavyweight has collided with market reality, ...
In a computing universe dominated by hyperscale data centers and cloud-based applications, why do engineers and coders love hobby computers like the $35 Raspberry Pi so much? “The Raspberry Pi is ...
Oracle is forecasting its cloud infrastructure revenue will soar to $166 billion by fiscal 2030, potentially accounting for nearly three-quarters of its total sales. The optimistic outlook was shared ...
For a reading of Wall Street's shifting mood on the artificial intelligence investment boom, take a look at the daily ...
West Sussex County Council is selling $31 million of capital assets to fund an Oracle-based transformation project, which has caused a cost overrun of biblical proportions. The project to replace a 20 ...
Database giant Oracle announced Monday that it will buy Sun Microsystems for $9.50 per share—roughly $7.4 billion. The two companies reached an agreement after an unsuccessful bid by IBM fell short at ...