Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
The Associated Press reported Friday (December 19), citing an internal memo from ByteDance CEO Shou Zi Chew, that TikTok’s parent has signed binding agreements with a consortium of investors to form a ...
Oracle stock fell to its lowest levels since early June, extending its late autumn slump, as investors continue to question the huge amounts of debt the cloud-computing company is taking on to fund ...
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 ...
Oracle's cloud infrastructure revenue is surging, fueled by soaring demand for AI computing. Massive data-center spending is weighing on free cash flow and adding leverage to the balance sheet. The ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
LKQ confirmed it was affected by Oracle E‑Business Suite breach, exposing SSNs and EINs of about 9,000 people Cl0p is believed to be responsible, claiming terabytes of LKQ data stolen via ...
Investing.com -- Oracle stock dropped over 4% on Wednesday following a Financial Times report that Blue Owl Capital, the company’s largest data center partner, has decided not to back a planned $10 ...
Signing a 12-figure contract with a customer is one thing. Collecting is a whole other matter.
What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...
Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
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