Dec 17 (Reuters) - Oracle's largest data center partner, Blue Owl Capital, will not provide funding for a $10 billion deal to build its next facility, a source said on Wednesday, amid growing ...
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.
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Oracle stock (ORCL) slides as Blue Owl reportedly pulls out of $10B data center project
Shares in tech giant Oracle ($ORCL) slumped 5% today on reports that its largest data center partner, Blue Owl ($OWL), had pulled the plug on ...
Oracle's project management tools, including Oracle Aconex, Oracle Primavera Cloud, and Oracle NetSuite, have been integrated to streamline project timelines, financial controls, and collaboration ...
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 ...
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Oracle’s AI sprint backfires into its worst quarter since 2001
Oracle’s aggressive push to reinvent itself as an artificial intelligence heavyweight has collided with market reality, ...
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 projects cloud infrastructure revenue will explode from $10 billion to $144 billion by 2030, outpacing AWS and Azure at comparable stages. The company's $455 billion backlog and ...
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 ...
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 ...
For a reading of Wall Street's shifting mood on the artificial intelligence investment boom, take a look at the daily ...
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