Data center capacity has become a barometer for both the health of the tech market and the risk of an A.I. bubble.
The funding covers more than half of the A.I. data centers that OpenAI plans to build in the U.S. over the next several years ...
Oracle boosted its forecast for capital expenditures this fiscal year by $10 billion, which bodes well for the companies that ...
Investors seeking long-term growth would do well to focus on businesses building the global AI infrastructure.
Shares of Oracle Corp. closed 4% higher today following reports that it’s negotiating a $20 billion deal to provide Meta ...
JPMorgan Chase and Mitsubishi UFJ Financial Group plan to invest $38 billion to finance data centers connected to Oracle.
Oracle Corporation is reportedly negotiating a roughly $20 billion cloud computing agreement with Meta Platforms Inc.
Here's an eye-popping new price tag for generative AI's booming demand for energy and computing power for data centers: $300 billion. That's how much ChatGPT maker OpenAI has reportedly committed to ...
The company added $10 billion to its capital investment plans for the fiscal year, reaching $35 billion, CEO Safra Catz said ...
Wall Street was floored by Oracle's huge revenue forecast. Now, a top bank says its sales boom is set to lift this ...
Oracle is in talks with Meta Platforms about a cloud computing deal worth around $20 billion over multiple years, according to a person with knowledge of the deal. Meta is an existing customer of ...
Investing.com -- JPMorgan Chase & Co. (NYSE:JPM) and Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG) are leading a $38 billion debt package to fund data centers linked to Oracle Corp. (NYSE:ORCL) in ...