A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg News reported on ...

Applications are expected to be always-on, lightning fast, and endlessly scalable-whether it's powering global ecommerce, enabling real-time analytics, or supporting AI-driven services. The ability to ...

The REX-Osprey XRP ETF (XRPR) has surpassed $100 million in assets under management (AUM) in just five weeks after its launch, according to issuer REX-Osprey. The ETF has experienced rapid growth ...

Larry Ellison just did the unthinkable! He briefly became the richest man on the planet. Yes, richer than Elon. Richer than Bezos. Richer than Zuck, even with all the Meta money. It’s a twist no one ...

Artificial Intelligence (AI) and High Performance Computer (HPC) mining stocks are rallying pre-market following news of the largest AI infrastructure financing on record, according to Bloomberg.

OpenAI, along with Oracle and Vantage Data Centers, will develop a data center campus in Wisconsin, as part of the Stargate project, to keep the U.S. ahead in the global artificial intelligence race, ...

The new Port Washington campus is part of OpenAI and Oracle's partnership announced in July to develop another 4.5 gigawatts of data center capacity. OpenAI, as well as its backer Microsoft, are among ...

A Fool since 2019, and a graduate of Cal State LA with a B.S. in Finance and M.A. in Economics. Parkev is an adjunct professor of Finance and enjoys reading about financial and economic history.

Hyperscalers leased approximately 7.4 gigawatts of U.S. data center capacity in the third quarter of this year. That is more capacity than was leased in all of 2024, according to a TD Cowen note ...

Oracle stock slumped even as executives reassured investors about the profitability of a business renting servers to AI companies and discussed the broader financial outlook over the next five years.

Information technology (IT) majors, Infosys, Cognizant, Accenture, and LTIMindtree, among others, have committed over $1.5 billion in training, development, and industry use cases to support Oracle’s ...

EssilorLuxottica SA said it bought RetinAI, a company specializing in artificial intelligence and data management in eyecare, according to a statement The deal consolidates the eyewear company’s push ...