PORT WASHINGTON, Wis. — The name and users have been announced for the billion-dollar data center campus planned in Port Washington. Denver-based Vantage Data Centers on Wednesday announced that ...
Oracle reportedly signed a $300 billion cloud infrastructure deal with OpenAI. OpenAI doesn't have that kind of money, so enormous funding rounds are going to be necessary. If OpenAI hits any snags, ...
Oracle is locked into heavy dependence on OpenAI, and that dependence is driving every problem the company is dealing with right now. The company spent five decades building a huge base of enterprise ...
Oracle stock ($ORCL) fell sharply on Friday, dropping more than 7% intraday after a Bloomberg report said the company has pushed back completion of several data ...
Oracle (ORCL) now faces a 42% stock decline post-OpenAI deal, with market concerns over balance sheet strain and execution risk. Despite forecasting a roughly 30% bottom-line CAGR through FY2030 and ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Oracle might have an OpenAI problem. Oracle (ORCL) stock has tumbled over 40% from its September peak, erasing more than $360 billion from its market capitalization. Nearly $67 billion of that decline ...
OpenAI, a major player in the AI industry, is facing a significant financial hurdle. The company, which has been aggressively expanding its operations, is unable to meet its financial obligations, ...
This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the ...
Oracle’s Azure-OCI interconnect and Database@Azure let OpenAI run Oracle databases and GPU compute seamlessly with Azure. I believe this is the main factor that motivated the $300B deal. RPO jumped ...
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 ...