Oracle doubles 2026 capital spending to $50B, but rising debt and AI reliance pose risks. Learn how these shifts could impact ...
Could the departure of one partner unsettle the footing of a $10 billion AI mega-project? The latest market downturn at Oracle implies that it can and has. The company’s shares slumped by nearly 5% ...
The “Stargate” data center for OpenAI planned on land in rural Saline Township has faced pushback locally and across Michigan ...
(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 ...
Nov 7 (Reuters) - A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg ...
Related Companies has committed to constructing a data-center campus exceeding $7 billion in Saline Township, Michigan, for Oracle and OpenAI’s Stargate project. This initiative marks a significant ...
The project is a joint effort by OpenAI, Oracle, and a real estate developer. The plan initially faced local opposition before a lawsuit settlement allowed it to proceed. A plan is underway to build a ...
Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...
Read full article: SB Lodge Freeway near 9 Mile Road in Southfield reopens after crash closure Westland police have arrested a suspect in the shooting at Kroger that took the life of a Salvation Army ...
Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle Corp. in what would be the largest such deal for artificial intelligence ...
Multiple shell companies tied to a data center project in Port Washington paid handsomely for 2,000 acres of farm land. Dozens of city meetings hashed out annexations, zoning, a development agreement ...