The former chief executive of British oil company BP BP-6.56%decrease; red down pointing triangle is jumping into the American artificial-intelligence boom. Bernard Looney is taking on the chief ...

March 24 (Reuters) - Microsoft has agreed ⁠to ⁠rent a data ⁠center project in Texas that was originally being developed for Oracle and OpenAI, Bloomberg News reported ‌on Tuesday, citing people ...

Connecting the dots: Will Oracle be the first major company to falter amid the looming AI bubble? Analysts are scrambling to interpret what is really happening at the cloud giant, as co-founder Larry ...

Oracle Corp. and OpenAI have scrapped plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs. The collapsed talks ...

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...

Early work had already begun on the 63-acre site in the Phoenix urban village of Laveen at the southwest corner of Lower Buckeye Road and Loop 202. The location already featured the required ...

Dozens of Michigan Public Service Commission staff members signed a nondisclosure agreement with DTE Energy Co. that allowed them to see unredacted copies of DTE's electricity contracts with the tech ...

SALINE TWP., MI —A Saline Township resident living near the massive “Stargate” data center under construction off West Michigan Avenue/U.S. 12 will have her day in court on Friday, Feb. 20. In ...

Oracle's strong AI growth fuels investor interest in its booming cloud computing sector. Anyone can buy Oracle shares through a brokerage using specific order details. Oracle aims for double-digit ...

Clifton Twp. will consider a settlement agreement Friday with the developer behind Lackawanna County’s largest proposed data center campus, potentially ending a legal challenge over whether the ...

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 with ...

It turns out infinite growth might not actually be possible. On Friday, Bloomberg reported that Oracle will be delaying some of its data center projects for OpenAI for at least a year due to labor and ...