The Financial Times reported that Blue Owl Capital, a seasoned investor in Oracle’s ORCL data center projects, is backing off from the company’s latest $10 billion buildout in Michigan. Why it matters ...
Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...
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 ...
Investing.com -- Oracle stock dropped over 4% on Wednesday following a Financial Times report that Blue Owl Capital, the company’s largest data center partner, has decided not to back a planned $10 ...
Oracle (ORCL) has experienced setbacks in the past. Its stock has dropped over 30% twice within a period of less than two months in recent years, resulting in the loss of billions in market value and ...
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 ...
Abu Dhabi's state investment fund will also be a managing investor. By Alex Weprin Senior Editor The TikTok sale is officially happening, with a consortium of American investors set to take over U.S.
The Oracle of Omaha has long favored concentrating capital in his best ideas, which is a belief that will continue under ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Oracle’s largest data centre partner Blue Owl Capital will not back a $10bn deal for its next facility, as the ...
US stocks fell on Wednesday as investors weighed what the latest data means for the Fed's interest rate policy, with tech stocks under pressure as Oracle (ORCL) slid. AI trade worries rattled tech ...