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 ...
SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
Oracle’s largest data centre partner, Blue Owl Capital, will not provide funding for a US$10 billion deal to build its next facility, a source said on Wednesday (Dec 17), amid growing concerns about ...
Oracle (ORCL) shares slid around 6% after the Financial Times reported that talks with private capital group Blue Owl Capital (OWL) to finance a planned $10B data center in Michigan collapsed. This ...
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 ...
Dec 17 : Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the ...
Blue Owl Capital is not planning to provide financial backing to Oracle's planned data center in Saline Township, Michigan. The data center project, valued at $10 billion, is being developed by Oracle ...
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 (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Dec 12 : Oracle has pushed back the completion dates for some of the data centers it is developing for OpenAI to 2028 from 2027, Bloomberg News reported on Friday citing people familiar with the work.