The developer of a huge one-gigawatt data center says it has secured $16 billion in funding. The data center in rural Michigan will serve Oracle's AI business. Local residents have protested the data ...

April 24 (Reuters) - Data center developer Related Digital said on Friday it has secured financing for a $16 billion data ‌center campus it is building in Michigan for Oracle (ORCL.N), opens new tab.

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 ...

INDIANAPOLIS — A Georgia-based developer is looking to build a new data center on the east side of Indianapolis, marking the latest data center to be announced in Indiana. According to DC Blox, it ...

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 ...

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 ...

Most AI development happens in large, centralized data centers, which are fitted with thousands of specialized chips called graphics processing units (GPUs). Most businesses don't have billions of ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. A developer that had proposed a ...

Oracle is conducting a round of layoffs, two people familiar with the move told CNBC. The layoffs were in the thousands, the people said. The software maker has continued to increase spending on data ...

Employees across the US, India, Canada, and Mexico woke up on 31 March to termination emails from “Oracle Leadership” with no prior warning. TD Cowen estimates the cuts will affect 18% of Oracle’s 162 ...

A hearing on the next stage of one of New Jersey’s largest artificial intelligence data center projects has been postponed days after local residents protested the facility. The Vineland Planning ...