TikTok has signed a deal to spin-off its U.S. operations to a group controlled by mostly American investors, including software giant Oracle, a company run by billionaire Trump ally Larry Ellison.

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 ...

What To Know: The Financial Times reported on Wednesday that Blue Owl Capital (NYSE:OWL) , Oracle’s biggest data center partner, has decided not to support a $10 billion deal for its next planned data ...

Oracle ORCL-1.76%decrease; red down pointing triangle is facing mounting anxiety from investors about how much it’s spending to build out data centers for the artificial-intelligence industry. The ...

Oracle (ORCL) cloud services now represent 77% of total revenue and grew 55% year-over-year. GPU consumption revenue surged 336%. Oracle’s remaining performance obligation hit $97.3B in Q2 FY2025.

As wealthier areas are pushing back against huge A.I. data centers, speculators are pitching places like Doña Ana County, N.M., on their vision. Local officials are eager for a deal — even if they don ...

SALINE, MI — More than 100 Saline area residents braved the cold Monday evening Dec. 1 to protest a $7 billion hyperscale data center project in Saline Township and DTE Energy’s plan to power the ...

Penn is investigating a cybersecurity breach of its Oracle E-Business Suite servers that compromised the personal information of University-affiliated individuals across multiple states. The breach — ...

AI chipmaker Nvidia beat Wall Street expectations this week, announcing soaring revenues while downplaying growing fears of an AI bubble. The company’s chips have been at the center of the ongoing AI ...

SALINE TWP., MI — Saline Township officials got an earful from residents opposed to a massive $7 billion, 2.2 million-square-foot data center for tech giants like OpenAI and Oracle to use. Some ...

Microsoft’s Fairwater 2 data center in Atlanta, part of the company’s new AI “superfactory” network linking facilities across multiple states. (Microsoft Photo) Microsoft says it has linked massive ...

GlobalLogic, a provider of digital engineering services part of the Hitachi group, is notifying over 10,000 current and former employees that their data was stolen in an Oracle E-Business Suite (EBS) ...