In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored ...

Oracle’s ORCL6.47%increase; green up pointing triangle $300 billion megadeal with OpenAI is testing the limits of Wall Street’s appetite for debt tied to America’s data-center boom. Banks including ...

A group of House Republicans introduced a pair of bills Wednesday aimed at creating a national standard on data privacy and overriding existing state regulations on consumers’ and financial data. The ...

Oracle Corp. agreed to purchase as much as 2.8 gigawatts of fuel-cell power from Bloom Energy Corp. to supply data centers for artificial intelligence work. An initial 1.2 gigawatts of capacity has ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Gov. Stein urges state to reconsider data center sales tax exemptions N.C. Commerce Department estimates data center operators ...

Data centers, which power AI and other online activities, have been a hot topic in public forums for the city of Fayetteville and in Cumberland County. Developers have been eyeing the county for ...

Pacific Investment Management Co. is in discussions with Bank of America (BAC) to help provide ~$14 billion of debt financing for an Oracle Corp. (ORCL) data center in Michigan. The financing would be ...

April 7 (Reuters) - Pacific Investment Management Co. ⁠is ⁠in talks with the ⁠Bank of America to help provide roughly $14 billion of debt financing to build an Oracle data center in Michigan, ...

A video from Iran’s Islamic Revolutionary Guard Corps suggests it will target OpenAI’s planned data center if the US attacks its power plants. A video from Iran’s Islamic Revolutionary Guard Corps ...

Iran’s Islamic Revolutionary Guard Corps (IRGC) claims it has targeted an Oracle data center in Dubai, United Arab Emirates, according to Iranian state media. The alleged strike comes only two days ...

Oracle is building some of the most powerful and most cost-efficient AI data centers in the industry, and demand is through the roof. The company has a record $553 billion order backlog from AI ...

At Oracle World in Las Vegas in October, Oracle Corp. founder and CEO Larry Ellison got right to the point. “AI changes everything,” Ellison told attendees, and his company’s recent releases have ...