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24.09.26 - 20:54
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AI Takes Center Stage From Oracle to the White House (Bloomberg)
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Bloomberg's Ed Ludlow breaks down Oracle's latest move to protect itself from mounting costs on a massive New Mexico data center facing regulatory setbacks and local opposition. Plus, Meta comes out with a new palm-sized device for using its popular new AI assistant, Muse; and all eyes are on President Trump and China's President Xi Jinping as they meet in the White House and discuss AI. (Source: Bloomberg)...
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24.09.26 - 19:02
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Trump-Xi Summit, Oracle Buildout Hits New Hurdle (Bloomberg)
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A global bond rout sends the 30-year yield to a 22-year high. President Trump and China President Xi meet today after extending the US, China trade truce. Elizabeth Economy breaks down Washington's fading leverage over Beijing. Plus, oil surges as tensions with Iran escalate. And tech billionaire Vinod Khosla joins us on why America can't slow the AI race. (Source: Bloomberg)...
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24.09.26 - 16:18
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Oracle Declares Force Majeure on $165 Billion Project Jupiter Data Center (24/7 Wall St.)
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At $138.26, Oracle (NYSE:ORCL) is a Hold. Bloomberg News reported that Oracle sent a force majeure notice to Blue Owl tied to Project Jupiter, the $165 billion New Mexico data center anchoring the Stargate AI announcement alongside OpenAI and SoftBank, and shares slid roughly 4% in premarket trading. Oracle sells database, cloud infrastructure, and enterprise […]...
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