Alphabet set to buy data center, energy infrastructure developer Intersect for $4.75 billion in cash
Alphabet announced an plan to buy Intersect for $4.75 billion to secure power for US data centers. The move comes as tech firms face rising grid constraints and AI infrastructure project delays.
Michigan regulators unanimously approved a request from utility DTE Energy Co. to power a massive data center development planned by Oracle and OpenAI, during a contentious hearing where some members ...
Dec 17 (Reuters) - 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 ...
A developer tied to data center projects in Archbald and Blakely now proposes to build four data centers in Dickson City across hundreds of mountainside acres above Business Route 6. Dickson City ...
FESTUS, Mo. — Residents in Festus recently scraped together $150 to find out what was happening to their city. What they uncovered showed key decisions were already underway before the public was ever ...
Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs ...
Oracle (ORCL) shares erased some losses on Friday after the company pushed back on a report that it was delaying some data centers tied to OpenAI (OPENAI). Oracle initially declined to comment on the ...
Oracle's debt is rising as cash flies out the door to fund AI data centers. The company already has a debt-heavy balance sheet, and it will need to borrow more to fund its AI infrastructure contracts.
SAND SPRINGS, Okla. — A proposed 827-acre data center known as Project Spring is on hold as Sand Springs officials wait for more information from the developer. City Manager Mike Carter said Tuesday ...
Forbes contributors publish independent expert analyses and insights. Lars Daniel covers digital evidence and forensics in life and law. Dartmouth College has confirmed that a three-day cyberattack in ...
SALINE TWP., MI — DTE Energy officials still expect state regulators to approve special contracts for the utility to power what would be Michigan’s first hyperscale data center project in Saline ...
For more than half a century, Related Companies has built the communities and infrastructure that keeps our cities growing and resilient. Today, that same spirit of innovation is driving us forward as ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results