Like drilling rigs were the backbone of infrastructure during the Texas oil boom in the 20th century, data centers are central to the digital infrastructure of today’s economy. Developers are rushing ...
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Oracle might have different backer for OpenAI data center after major investor backs out
The “Stargate” data center for OpenAI planned on land in rural Saline Township has faced pushback locally and across Michigan ...
Oracle (ORCL) shares slid around 6% after the Financial Times reported that talks with private capital group Blue Owl Capital (OWL) to finance a planned $10B data center in Michigan collapsed. This ...
Meta Platforms (NASDAQ:META) has tapped Pacific Investment Management Co. and Blue Owl Capital to lead a $29 billion financing for its data center expansion in rural Louisiana, Bloomberg News reported ...
SINGAPORE, May 13 (Reuters) - BDx Data Centers said on Tuesday that it has secured project financing from infrastructure credit firm Clifford Capital, Singapore's United Overseas Bank (UOBH.SI), opens ...
Every project, no matter how big or small, is a race against time. The longer it takes, the less profitable it is. And while shortcuts can save time, they can also lead to accidents. Striking the ...
The data centre industry might be quite the rage in Asia Pacific and elsewhere, but it is proving to be a tough pill to swallow for Taiwanese banks. A NT$10.35bn (US$331m) five-year loan backing the ...
Galaxy Digital Holdings (NASDAQ:GLXY) (OTCPK:BRPHF) has closed a $1.4B project financing facility to further expand its Helios data center campus in West Texas, it said on Friday. The debt facility ...
Oracle said talks for an equity deal to support its Michigan data center project remain on schedule and do not include Blue Owl Capital, after a report of stalled negotiations with the crucial partner ...
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