OpenAI is the latest tech giant promising to ensure that its rapid data center build-out won't drive up utility bills for ...

OpenAI revenue grew from $2B to $20B as power scaled from 0.2 to 1.9 gigawatts—AMD and Oracle capture the buildout.

The acceptance comes amid calls for a rehearing on special contracts for DTE Energy to power the OpenAI, Oracle data center in Saline Township.

The rapid development and widespread use of artificial intelligence (AI) systems is posing new challenges for electricity ...

DTE must commit the data center for ChatGPT creator OpenAI and tech firm Oracle in Saline Township won’t burden other ...

Commissioners voted 3-0 at their Dec. 18 meeting to approve DTE's plan to provide power for the multibillion-dollar data ...

Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics.

(Bloomberg/Brody Ford and Ian King) — Oracle Corp. shares fell the most in more than 24 years after the company reported a jump in spending on AI data centers and other equipment, rising outlays that ...

Look at Oracle if you want to assess the sustainability of the AI investment boom: Its credit default swaps are emerging as a way to 'hedge the entire debt cycle within AI' For a few brief weeks in ...

A notable feature of the artificial intelligence trade's recent weakness has been a widening in credit derivatives tied to companies spending heavily on AI, most prominently cloud software giant ...

VoltaGrid partners with Oracle to deliver 2,300 MW of ultra-low-emissions energy infrastructure for next-generation AI data centres VoltaGrid is set to collaborate with Oracle Cloud Infrastructure ...

Oracle and OpenAI's Stargate data center in Shackelford County, Texas, will be powered by an on-site natural gas plant. Voltagrid, partner of site developer Vantage Data Centers, is building the ...