Blackstone mulls deeper bet on Oracle's Michigan data center - report

Blackstone ( BX) is weighing a larger role in financing Oracle's ( ORCL) Michigan data center, including a possible debt ...

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

Oracle Database 26ai embeds AI capabilities directly into production databases, enabling enterprises to deploy AI securely ...
Onrec

RChilli Talent Data Refresh Agent on Oracle AI Agent Marketplace enables organizations to enhance candidate data quality and accelerate hiring decisions

RChilli, a leading provider of AI-driven solutions for recruitment transformation and Oracle partner, today announced the ...

This Is What Whales Are Betting On Oracle

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $90.0 to $300.0 for Oracle over the recent three months. Examining the volume ...
CNBC

Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out

Oracle's stock has tumbled 30% so far this quarter, headed for its steepest drop since the third quarter of 2001, when it slid almost 34%. Investors have grown skeptical about Oracle's ability to open ...
Morningstar

Oracle: TikTok Deal Secures Major Cash Flow but Does Little to Derisk the Data Center Buildout

Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

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 ...
The Motley Fool

Why Shares of Oracle Are Getting Crushed This Week

Oracle's partner in a $300 billion deal, OpenAI, is projected not to be cash generative until 2030. The bond markets are growing stressed about the company's future financing needs. This appears to be ...
MLive

Oracle might have different backer for OpenAI data center after major investor backs out

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 ...
CNBC

Oracle stock dips 5% as Blue Owl Capital pulls out of funding $10 billion data center

Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Bloomberg L.P.

Oracle Says Blue Owl Not in Michigan Deal, Talks on Track

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
MarketWatch

Oracle is the canary in the coal mine for Big Tech’s debt-fueled AI spending spree

For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...