Banks lend $18 billion for Oracle-tied data center project, Bloomberg News reports

A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a ...

Oracle’s July Data Breach Exposed Customers’ Data, Suit Says

A proposed class action against Oracle Corp. alleged the technology giant failed to protect sensitive personal data of its customers’ current and former employees that was compromised in a July data ...
TechRadar

Oracle wants to bring AI to your data no matter where you work - and that could be exactly what we need for AI to succeed

At its annual AI World conference in Las Vegas (formerly Cloud World), Oracle has lifted the wraps off three separate projects in collaboration with key hyperscalers in order to better serve customers ...
Bleeping Computer

American Airlines subsidiary Envoy confirms Oracle data theft attack

Envoy Air, a regional airline carrier owned by American Airlines, confirms that data was compromised from its Oracle E-Business Suite application after the Clop extortion gang listed American Airlines ...
Business Line

Oracle unveils AI Data Platform backed by $1.5 bn investment from Infosys, Cognizant, LTIMindtree and more

Leading global system integrators and consultancies including its partners like Infosys, Cognizant, LTIMindtree and Accenture have committed a collective investment of over $1.5 billion in Oracle AI ...
Wall Street Journal

Oracle, OpenAI to Build $15 Billion Data Center Site in Wisconsin

Oracle ORCL0.86%increase; green up pointing triangle and OpenAI are working with hyperscaler Vantage Data Centers to develop a data center campus outside Milwaukee. The planned $15 billion campus in ...
Business Wire

OpenAI, Oracle and Vantage Data Centers Announce Stargate Data Center Site in Wisconsin

Vantage’s $15B+ investment in Port Washington represents the future of sustainable digital infrastructure with zero-emission energy resources, water-positive operations and billions in regional ...

Record $38 Billion Debt Sale Nears for Oracle-Tied Data Centers

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle ...
Mint

Oracle co-CEOs defend massive data-center expansion, plan to offer AI ecosystem

Oracle’s new dual chief executives defended the company’s massive new investment in data centers, saying it will offer computing firepower and a suite of bundled services that will make artificial ...
moneycontrol.com

Infosys, Cognizant, Accenture, LTIMindtree invest in Oracle’s $1.5 bn AI Data Platform

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 ...
The Hindu

OpenAI, Oracle and Vantage to build Stargate data center site in Wisconsin

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, ...
Finance & Commerce

OpenAI, Oracle named as users of $15B Wisconsin data center

PORT WASHINGTON, Wis. — The name and users have been announced for the billion-dollar data center campus planned in Port Washington. Denver-based Vantage Data Centers on Wednesday announced that ...