Fresh concerns about data-center funding weighed down Oracle’s stock on Wednesday, but the selloff is looking overdone to some on Wall Street. Christine Ji is a reporter covering Big Tech.

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 ...

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 ...

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 ...

The tech sector sold off as investors took in a report that Oracle's $10B data center for OpenAI is in jeopardy. Sources told the FT that talks to build the data center have stalled due to concerns ...

Oracle says site selection and delivery timelines for data centers established with OpenAI remain on schedule, with no delays to any locations required to meet contractual commitments. The timelines ...

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 ...

Oracle's rapid expansion of AI data centers is intensifying concerns over depreciation and capital needs, prompting the company to outline new funding approaches and margin expectations as it ...

Oracle shares fell more than 11% in after-hours trading on Wednesday after the database and cloud firm said it burned roughly $10 billion in the November quarter due to spending on data centers for ...

The early 2025 hack of Oracle Health may have affected as many as 80 hospitals, The Beacon in Kansas City, Mo., reported. Health systems have been notifying patients about the data breach of the EHR ...

Oracle Corp. has been hit with two new proposed class actions for not protecting sensitive personal data of its customers’ employees in a data breach. The company specializing in cloud based data ...

Cox Enterprises is notifying impacted individuals of a data breach that exposed their personal data to hackers who breached the company network after exploiting a zero-day flaw in Oracle E-Business ...