Blue Owl Won't Back $10 Billion Oracle Data Center Deal
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Despite the recent pullback in artificial intelligence stocks, the Bank of America thinks "the AI trade may still have room to run into 2026."
Shares of Oracle fell sharply on Wednesday after a report raised fresh questions about financing for one of the company’s flagship artificial intelligence infrastructure projects.
Summary: Oracle (Nasdaq: ORCL) and OpenAI are creating something massive in the desert outside Abilene, Texas. Eric Bleeker of The AI Investor Podcast recently had the opportunity to get up close and personal with one of the most talked-about data centers in the world – Stargate.
Major tech companies including Microsoft, OpenAI, and Oracle are making multi-billion-dollar investments to build AI data centers in Wisconsin. Both the Microsoft project in Mount Pleasant and the OpenAI/Oracle project in Port Washington involve taxpayer ...
Oracle is establishing itself as a key player in the artificial intelligence sector, securing contracts with major tech companies. The company announced its future "world headquarters" will be located on a new 70-acre campus in Nashville, Tennessee.
A Doña Ana County data center campus has been named one of five sites in the $500 billion Stargate Project, a sweeping initiative led by Oracle, OpenAI and other U.S. tech companies looking to build some of the nation’s largest artificial intelligence ...