Oracle's 5-year credit default swaps are tumbling after the company announced a $50 billion debt and equity financing plan.
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Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.
BESSEMER, Ala.—Logistic Land Investment LLC, the developer behind Project Marvel, a $14.5 billion proposed data center project in central Alabama, will request the rezoning of an additional 900 acres ...
Microsoft Corporation (NASDAQ: MSFT) has come forward as the company behind a contentious $1 billion data center project in a Michigan township, a revelation that follows local pushback and ...
Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...
The bond markets are growing concerned with Oracle's ability to finance its AI investments, and not least its $300 billion data center deal with OpenAI. The AI company is committed to renting servers, ...
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 ...
Dec 17 (Reuters) - Oracle said ‌talks for an equity deal to ‌support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations ...
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...