Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports

Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after ​negotiations ...
InfoQ

Databricks Introduces Lakebase, a PostgreSQL Database for AI Workloads

A monthly overview of things you need to know as an architect or aspiring architect. Unlock the full InfoQ experience by logging in! Stay updated with your favorite authors and topics, engage with ...
Business Wire

Snowflake Makes Enterprise Data AI-Ready With Snowflake Postgres and Advanced Innovations for Open Data Interoperability

Leading enterprises including BlueCloud and Sigma Computing will rely on Snowflake Postgres to reduce data silos and complex data pipelines for AI and analytics use cases Snowflake Horizon Catalog ...
Network World

Oracle may slash up to 30,000 jobs to fund AI data-center expansion as US banks retreat

Oracle is considering cutting 20,000 to 30,000 jobs and selling some of its activities as US banks pull back from financing the company’s AI data-center expansion, according to investment bank TD ...
Forbes

How Oracle AI Database 26ai Addresses The Enterprise AI Data Paradox

This voice experience is generated by AI. Learn more. This voice experience is generated by AI. Learn more. Every enterprise IT executive faces the same AI paradox: their most valuable data sits ...
Bloomberg L.P.

Oracle Boosts Data Center Job Forecast After Local Opposition

Oracle Corp. predicted that a massive data center it’s developing for OpenAI in New Mexico will create more jobs than previously announced, another example of tech companies trying promote positive ...
Business Insider

Oracle and OpenAI's AI data centers buildout needs $500 billion, and Wall Street is starting to flinch

Oracle and OpenAI have plans to build $500 billion of data centers in a venture called Stargate. JPMorgan Chase has seen slower investor interest for $38 billion of debt tied to two Stargate sites.
Morningstar

ClickHouse Announces Native Postgres Service, Offering a Unified Data Stack for Real-Time and AI-Driven Applications

ClickHouse, Inc., the company behind the world’s fastest real-time analytical database, announced a high-performance, enterprise-grade Postgres service natively integrated with ClickHouse, delivering ...
Barron's

Oracle Stock Falls After Report on AI Data-Center Funding Talks

Two companies at the center of the artificial-intelligence data center investment boom are parting ways, according to a report from the Financial Times. Oracle and alternative investments firm, Blue ...
Bloomberg L.P.

Oracle and OpenAI Win Michigan Approval to Power New Data Center

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 ...
Crain's Detroit

Massive AI data center near Ann Arbor approved for 19-year power deal

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. DELTA TOWNSHIP — Michigan regulators on Thursday signed ...