Morningstar

Oracle: TikTok Deal Secures Major Cash Flow but Does Little to Derisk the Data Center Buildout

Multiple media outlets, including the Associated Press, reported that ByteDance has reached an agreement with Oracle ORCL, Silver Lake, and Abu-Dhabi-based MGX to set up a joint venture for TikTok’s ...
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 ...
MLive

Oracle might have different backer for OpenAI data center after major investor backs out

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 ...
SiliconANGLE

Oracle spooks the stock market after key partner refuses to fund $10B Michigan data center project

Shares of the cloud infrastructure and database giant Oracle Corp. fell more than 4% during regular trading today after a Financial Times report claimed that one of its key financial partners, Blue ...
Business Insider

Oracle's AI data-center woes are dragging the entire stock market lower

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 ...
Seeking Alpha

Oracle slides on uncertainity over $10B Michigan data center financing

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 ...
CNBC

Oracle stock dips 5% as Blue Owl Capital pulls out of funding $10 billion data center

Oracle stock slid after a report that Blue Owl Capital won't back a $10 billion data center for OpenAI. The cloud company later said that the project remains "on schedule" but that Blue Owl was out of ...
Bloomberg L.P.

Oracle Says Blue Owl Not in Michigan Deal, Talks on Track

Oracle Corp. said final negotiations on an equity deal for a data center project in Michigan are “on schedule” and doesn’t include Blue Owl Capital, a firm that has helped finance massive data center ...
MarketWatch

Oracle is the canary in the coal mine for Big Tech’s debt-fueled AI spending spree

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 ...
AOL

Oracle stock sinks as reported AI data center snag puts rising debt in focus

Oracle (ORCL) stock fell more than 5% Wednesday after the Financial Times reported that private lender Blue Owl Capital (OWL) will not back a $10 billion deal for its next data center as the software ...
Becker's Hospital Review

Oracle Health data breach affects Methodist Le Bonheur Healthcare

Memphis, Tenn.-based Methodist Le Bonheur Healthcare is the latest health system to report being impacted by an early 2025 data breach involving Oracle Health. In April, the EHR vendor notified the ...
Reuters

Oracle denies report on OpenAI data center delays

Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...