Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development ...

Oracle's $10 Billion OpenAI Data Center Bet Faces Fresh Doubts After Financing Partner Pulls Out — Is The Deal In Jeopardy?

Blue Owl Capital's decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh ...

Oracle says Michigan data center project talks on track without Blue Owl

The more than 1-gigawatt project in Saline Township, Michigan, is part of the Stargate AI infrastructure push by Oracle and ...

Oracle's AI data-center woes are dragging the entire stock market lower

An update on Oracle's data center plans was the latest development giving investors anxiety about the health of the AI trade ...

Oracle slides on uncertainity over $10B Michigan data center financing

Oracle's $10B Michigan data center for OpenAI faces funding setbacks as Blue Owl exits. Learn how this impacts AI growth and ...
24/7 Wall St

Here’s Why Oracle Is Not the Next Nvidia

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The shares surged 85% from April lows, hitting an ...
Seeking Alpha

Oracle is the AI Trade bellwether to watch now -- but not the stock price

If the market goes the way of the AI trade, then it's time to watch Oracle (ORCL) instead of Nvidia (NVDA), according to Goldman Sachs partner John Flood. Flood, head of Goldman's Americas equities ...
CNN

TikTok’s algorithm will be overseen by Oracle in the US after the sale is completed

The White House has answered what had been one of the major outstanding questions regarding its pending deal to transfer TikTok’s US operations to a majority American ownership group: Under the ...
MarketWatch

Oracle’s not-so-secret weapon that’s helped it quickly take on the cloud giants

When Oracle Corp. co-founder Larry Ellison said a year ago that he envisioned the company’s data-center footprint ballooning to 2,000 facilities — from 162 — investors perhaps should have sensed that ...
Wall Street Journal

Oracle, OpenAI Sign $300 Billion Cloud Deal

OpenAI signed a contract with Oracle ORCL-4.47%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...
Fast Company

Oracle lays off thousands—or more—globally amid rapid AI shifts

Employees at tech giant Oracle are facing down a fresh round of layoffs this month, the latest bad news out of an industry that’s either booming or brutal, depending on whom you ask. The company has ...
Harvard Business Review

To Change Company Culture, Focus on Systems—Not Communication

Culture is one of the most talked-about priorities in leadership, yet one of the least consistently understood. Executives routinely declare it is a strategic imperative. They launch values campaigns, ...