The company is supposed to be the primary tenant for a massive data center in New Mexico currently under construction. Oracle sent a force majeure notice to Blue Owl Capital, the company that owns the ...

Oracle has sent a force majeure notice to the developer of Project Jupiter, a Stargate data center campus in New Mexico, Bloomberg first reported Thursday. Force majeure clauses, common in energy and ...

Oracle Corp. is moving to shield itself from racking up expenses on a massive data center being built in New Mexico, adding a fresh wrinkle to a project beset by opposition and regulatory setbacks.

Oracle sent a "force majeure" notice to the developer of its data center project in New Mexico. The company is looking to delay payment if the project doesn't come online in 2028, according to ...

Blue Owl says notice does not change financial commitments to multi-year project Blue Owl has about $3 billion in equity, while Oracle pays debt costs, source says Oracle says Project Jupiter remains ...

Developing an AI model requires substantial computing power, typically delivered by large data centers that house thousands of specialized chips called graphics processing units (GPUs). The average ...

Oracle is laying off 359 employees in Washington state — its second significant job cuts this year — according to a filing Wednesday with the state Employment Security Department. The cuts affect ...

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Oracle just staged a dramatic comeback after cratering more than 50% from its highs, and Wall Street is divided on whether the $638 billion backlog signals a generational opportunity or a capital ...

The past year has been a forgettable one for Oracle (ORCL-1.53%) investors, as shares of the cloud computing infrastructure provider have slipped 32% over this period. The tech-laden Nasdaq Composite ...

The House Veterans’ Affairs Committee voted to subpoena Oracle Health executives this week after a hearing on the VA‘s massive EHR project turned contentious. Lawmakers from both parties pushed back ...