Oracle Hack Still Generating Ransom Demands

More users of Oracle’s E-Business Suite software are being extorted for millions of dollars following a hack that may have ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
MLive

Oracle might have different backer for OpenAI data center after major investor backs out

SALINE TWP., MI — Reports have surfaced that funding for a controversial hyperscale data center project in a rural Michigan community near Ann Arbor is up in the air. But a Big Tech giant and its ...
Reuters

Oracle says Michigan data center project talks on track without Blue Owl

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 ...
Seeking Alpha

Oracle slides on uncertainity over $10B Michigan data center financing

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 ...
stockstelegraph

Oracle Corporation (ORCL) -3.6% in Intraday Trading: Shares Pull Back Despite New Contracts

• Oracle Corporation’s stock is down 3.6%, trading at $181.84, following a decline from its previous close of $188.56. • The company announced new contracts with the City of Manhattan and Mt. San ...
CNBC

Oracle stock dips 5% as Blue Owl Capital pulls out of funding $10 billion data center

Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
The Information

Oracle Strikes $150 Billion of Data Center Leases in November Quarter

Oracle struck about $150 billion worth of lease commitments on data centers in the three months ending November, it revealed in securities filing late last week, a sign it is preparing for the cloud ...
Benzinga.com

Oracle Pushes Back On OpenAI Data Center Delay Claims

Oracle Corp. (NYSE: ORCL) stock declined Friday as markets weighed execution risks around the company’s rapidly scaling AI and cloud capacity buildout. The pullback followed a Bloomberg report that ...
Gizmodo

Wall Street Sphincters Tighten as Oracle Delays Its OpenAI Data Center Buildout

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 ...
New York Post

Oracle stock plunges 12% on AI jitters — shrinking Larry Ellison’s net worth by $34B

Oracle’s stock fell more than 12% on Thursday on growing fears about the software giant’s massive AI spending — shaving more than $30 billion off co-founder Larry Ellison’s fortune. The Texas-based ...