Oracle data center project with OpenAI remains on track

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Oracle plans to lay off thousands of employees due to AI data center buildout expenses: report

Oracle plans thousands of layoffs as it ramps AI data center spending and targets $45–$50B for cloud capacity.
The Blade

Data center developer asks for 6 more months to finalize Oregon project | The Blade

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Oracle Hit With Patent Suit by Developer Over 5G Network Tech

A company founded by two inventors sued Oracle Corp., accusing its 4G and 5G wireless products of infringing a trio of patents. The ‘508 and ‘417 patents concern “methods for proactive allocation of ...
MLive

DTE accepts conditions of contracts to power OpenAI, Oracle data center south of Ann Arbor

This story has been updated with more information. SALINE TWP., MI — DTE Energy Co. has accepted all the conditions that the Michigan Public Service Commission (MPSC) outlined in its conditional ...
The Business Journals

Oracle partner plans AI data center in Memphis

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The 38,500-square-foot data ...
dbta

Oracle is on Track to Power New Data Center in Michigan

Oracle is partnering with Related Digital and DTE Energy, to construct Oracle’s AI data center in Saline Township, Michigan. As the future tenant, Oracle will operate the data center once it’s ...
SecurityWeek

Korean Air Data Compromised in Oracle EBS Hack

South Korean airline Korean Air has disclosed a data breach exposing 30,000 employee records following a cyberattack on its former subsidiary and current catering supplier, Korean Air Catering & ...
Business Insider

Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash

Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
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 ...
Forbes

The AI Utility: Oracle Is Building What Big Tech Cannot Live Without

Oracle’s stock dropped another 5% on Wednesday after reports that a major investor pulled out of a $10 billion data center deal over concerns about the company’s debt. It was the latest blow in a ...