A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a ...

Major banks finance $18 billion Oracle-linked data center project, signaling massive infrastructure investment in US cloud ...

The development would be part of the "Stargate" artificial intelligence initiative by companies OpenAI and Oracle.

OpenAI, Oracle, and Related Digital are joining forces to establish a large-scale data centre campus in Saline Township, ...

The deal, signed in April 2024, locked BDCCL into rigid payment terms, costly import obligations, and service clauses that officials find “restrictive,” preventing the company from offering cloud capa ...

Oracle’s rapid OCI cloud and AI growth signal a high-upside phase. Discover projected 27% gains and market drivers.

This strategic move is part of the company's continuous effort to drive innovation, enhance client communications, improve ...

A large-scale data center campus planned in Michigan is set to serve ChatGPT maker OpenAI as part of its Stargate digital ...

OpenAI, Oracle, and Related Digital, a vertically integrated data center development and investment platform, today announced plans to develop a data center campus with more than a gigawatt of ...

A consortium of approximately 20 banks is reportedly lending $18 billion for the construction of an Oracle-linked data center campus in New Mexico.

RWE, Germany's largest power producer, reported higher-than-expected profits for the first nine months of the year, boosted ...