The company is supposed to be the primary tenant for a massive data center in New Mexico currently under construction. Oracle sent a force majeure notice to Blue Owl Capital, the company that owns the ...

Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...

Developing an AI model requires substantial computing power, typically delivered by large data centers that house thousands of specialized chips called graphics processing units (GPUs). The average ...

Oracle (ORCL) revealed an additional $700M in restructuring costs tied in part to layoffs, according to a Friday filing with the U.S. Securities and Exchange Commission. The extra $700M increased the ...

Oracle (ORCL) stock jumped late Thursday after the tech giant reported fiscal first-quarter results that beat expectations. Cloud infrastructure growth accelerated to triple-digits, a sign that Oracle ...

Oracle's results surpassed consensus on the top and bottom lines. Revenue growth came in at about 30% for the fiscal first quarter and could accelerate this period. In this article Oracle shares moved ...

The House Veterans’ Affairs Committee voted to subpoena Oracle Health executives this week after a hearing on the VA‘s massive EHR project turned contentious. Lawmakers from both parties pushed back ...

A lot of people are getting tired of their phone—they’re sick of the algorithms and overwhelmed by what can feel like a loss of control. The Atlantic staff writer Julie Beck dug into why and how ...

The US government is investigating Singapore-based Apex Logistics for its suspected role in smuggling Nvidia Corp. AI chips to China, people familiar with the matter said, in what may result in the ...

PROVIDENCE — The Pawtucket Redevelopment Agency has advanced three proposals for reimaging the city’s long-shuttered Apex department store and surrounding area, with plans envisioning future housing, ...