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ORACLE DATA CENTER DEBT
Trump is talking with Senate's Thune about bill to cut data-center electricity costsEarlier this week, the Republican-majority House of Representatives voted 417 to 3 in favor of the Ratepayer Protection Act, which would re...- Oracle's $18 billion data center debt under pressure, FT reportsThe development comes amid concerns that growing local opposition to the project over fears it would impact water supply and air quality co...
- Virginia tightens data center restrictions amid political backlashVirginia, which has the largest concentration of data centers in the world, unveiled plans that include banning non-disclosure agreements a...
- SoftBank adds $21 billion to AI firepower in new debt dealsThe Japanese conglomerate increased its margin loan backed by shares of its chip unit Arm Holdings Plc by $5 billion to $25 billion, people...
- In Silicon Valley, AI data center boom meets local resistanceIn Silicon Valley's biggest city, residents and environmental groups are organizing against a wave of proposed data center projects that of...
- One AI issue unites Republicans and Democrats: Data centre limitsAmericans increasingly worry about artificial intelligence's environmental effects. Many citizens are concerned about data centers' local e...
- Oracle begins new round of layoffs: ReportPer documents accessed by the publication, emails were sent to impacted employees across multiple departments. They were offered four week ...
- Oracle layoffs: What severance will you get if laid off? A look at payouts based on your years at the companyOracle layoffs 2026 : Oracle has begun another round of job cuts affecting numerous employees across its divisions. Affected workers discov...
- Oracle layoffs: Long-serving employees along with strong performance ratings are also among those affected; India layoffs may followOracle has reportedly begun a new wave of layoffs impacting staff throughout the United States. Those affected were shocked to find their j...
- Oracle begins new round of layoffs: Logins stopped by 4 a.m., Slack disconnected by 5:30 a.m., then came the dreaded ‘6 a.m. email’; more job cuts likely in IndiaOn September 14, Oracle commenced yet another wave of considerable layoffs, revealing a stringent approach to workforce management. Notific...
- Larry Ellison cancels plan to sell Oracle stock worth up to $7.5 billionLarry Ellison has scrapped his strategy to unload up to fifty million shares of Oracle. No shares have been sold under this plan, and there...
- Oracle to spend $700 million more on restructuring costs as it ramps up AI spendingIn a bid to enhance its AI capabilities, Oracle has decided to raise restructuring costs by $700 million, making the total amount for its f...
- US stocks today: US stocks end higher as strong inflation data cements rate-hike betsUS stocks ended higher on Friday as accelerating consumer prices strengthened expectations of a Federal Reserve rate hike next week. The Do...
- Oracle rises as AI-fueled backlog growth deflects spending worriesOracle shares rose 3% in early trading after a $26 billion increase in its revenue backlog eased concerns over its debt-funded AI spending....
- Trump administration to lend $100 million to Africell, countering Huawei in AfricaThe United States will lend nearly one hundred million dollars to Africell. This loan aims to counter China's Huawei expansion in Africa. A...
- Oracle shares rise as AI cloud backlog beats estimatesOracle shares rose significantly after reporting strong quarterly results. The company secured over thirty billion dollars in new AI cloud ...
- UAE revises AI data center plan after Iranian attacks, sources sayIn light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distr...
- Oracle earnings show slower cash burn as AI spending starts to pay off; stock jumps 4% after marketOracle’s latest earnings offered investors relief as stronger-than-expected revenue and a smaller cash burn eased concerns over its heavy A...
- Oracle tops estimates as AI demand tempers cash-burn fearsShares of the company, which have slumped more than 21% this year, rose 4% in extended trading after Oracle reported a jump in revenue back...
- NLR reported a 110,000-square-foot Texas data center coated with IntelliKoat; its CEO said inside temperatures fell from 140°F to 86°F and heat failures dropped to zeroA Texas-based data center has successfully lowered its temperature through the application of an innovative roof coating called IntelliKoat...
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