SHERIDAN, Ark. — The Grant County Quorum Court met Monday night to discuss a resolution signaling the county’s preliminary intent to negotiate a payment-in-lieu-of-taxes (PILOT) agreement with ...
Freshly appointed dual chief executives Clay Magouyrk and Mike Sicilia push back on concerns over Oracle’s margins as investors examine AI bubble.
Another Houston company has secured a deal to power a tech giant's data centers — joining the list of local firms selling shovels in a new gold rush.
Oracle accounted for the majority of a record 7.4GW of hyperscale leasing in Q3 — a figure that exceeds all of Big Tech's new leased capacity in 2024.
Oracle (ORCL) confirmed it expects its artificial intelligence infrastructure projects to generate gross margins ranging from 30% to 40% during its Financial Analyst Day on Thursday.
The new sites will boost Stargate’s planned capacity to nearly 7 gigawatts—about equal to the output of seven large nuclear reactors.
Texas-based rapid-deployment power specialist VoltaGrid will deploy 2,300 MW of modular, ultra-low-emissions natural gas generation to support Oracle ...
The announcement is the latest in a frenzy of commitments by big tech and AI companies to build more computing infrastructure.
Oracle said on Thursday it expects cloud infrastructure revenue to grow to $166 billion in fiscal 2030, which would make up nearly 75% of its total sales by then.
Oracle's VP of Sovereign Regions argues that Ukraine and Artificial Intelligence have fundamentally changed the data sovereignty conversation, positioning the company's sovereign cloud offerings as ...
OpenAI, Oracle and SoftBank announced plans to open five new artificial intelligence data centers as part of the government's $500 billion Stargate program.