Blue Owl Capital‘s (NYSE: OWL) decision to step away from financing an Oracle-backed (NYSE: ORCL) AI data center has become a fresh flashpoint for investors already on edge about the financial ...
Oracle (ORCL) shares slid around 6% after the Financial Times reported that talks with private capital group Blue Owl Capital (OWL) to finance a planned $10B data center in Michigan collapsed. This ...
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 ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
The effort is drawing bipartisan support and is expected to come up again next year as officials grapple with the artificial intelligence boom’s side effects. States facing drought and dwindling ...
Forbes contributors publish independent expert analyses and insights. Lars Daniel covers digital evidence and forensics in life and law. Dartmouth College has confirmed that a three-day cyberattack in ...
The explosive growth of data centers could threaten the stability of the electrical grid this winter, according to an industry overseer. Across North America, demand for electricity this winter is ...
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 ...
Dr. Kasy is the author of the book “The Means of Prediction: How AI Really Works (and Who Benefits).” Imagine applying for a job. You know you’re a strong candidate with a standout résumé. But you don ...
Vantage’s $15B+ investment in Port Washington represents the future of sustainable digital infrastructure with zero-emission energy resources, water-positive operations and billions in regional ...
The huge demand for energy to power data centers will be a key focus for antitrust regulators in the future, a former top official at the U.S. Justice Department’s trustbusting division said.
Hyperscalers leased approximately 7.4 gigawatts of U.S. data center capacity in the third quarter of this year. That is more capacity than was leased in all of 2024, according to a TD Cowen note ...