Nov 7 (Reuters) - A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg ...

Investors have grown more concerned over the run-up in tech stocks and valuations of private AI companies, stoking fears of a bubble. WSJ’s Hannah Erin Lang uses three charts to explain what’s behind ...

Oracle is reportedly close to receiving a $38 billion debt offering to support its data center developments in Texas and Wisconsin in the US. As reported by Bloomberg, and citing people with knowledge ...

Oracle and OpenAI's Stargate data center in Shackelford County, Texas, will be powered by an on-site natural gas plant. Voltagrid, partner of site developer Vantage Data Centers, is building the ...

Multiple shell companies tied to a data center project in Port Washington paid handsomely for 2,000 acres of farm land. Dozens of city meetings hashed out annexations, zoning, a development agreement ...

Google has warned that executives and IT departments at major organisations are facing extortion attempts after hackers claimed to have stolen sensitive data from Oracle Corp.’s widely used E-Business ...

Threat actors aligned with the Clop ransomware group are claiming to have stolen sensitive data from Oracle Corp.’s E-Business Suite and, though Oracle has yet to confirm a breach, customers are ...

OpenAI signed a contract with Oracle ORCL-4.15%decrease; red down pointing triangle to purchase $300 billion in computing power over roughly five years, people familiar with the matter said, a massive ...

A Virginia developer that hasn't previously built data centers is now pivoting to the property type for a 400-acre site where it had once hoped to build a senior housing community near Richmond, a red ...

Oracle is going all-in on its AI-focused cloud business, pouring billions into building massive new data centers. One site under construction in West Texas will reportedly cost the company around $1 ...