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 ...
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 with ...
The announcement came after a report by the Financial Times that suggested the 1 gigawatt project was in limbo, causing Oracle’s stock to drop 5% and wiping out billions in market value. Blue Owl ...
(Bloomberg) --Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence model developer OpenAI to 2028 from 2027, according to ...
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Oracle shares dropped Friday following reports it had delayed delivery of some data centers for OpenAI. The stock ended the week nearly 13% lower after Oracle's quarterly results on Wednesday fell ...
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Liz Simmons is an education staff writer at Forbes Advisor. She has written about higher education and career development for various online publications since 2016. She earned a master’s degree in ...
Oracle’s share price plummeted 10 percent on Wednesday after its quarterly revenue fell short of expectations. Larry Ellison’s firm, which has become a key player in the AI data center ecosystem ...
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.