… This week Oracle announced plans to raise an additional 50 billion in debt and equity to finance its datacenter aspirations. However, it seems the financing won't arrive in time to save Oracle and OpenAI's expansion plans. …
… Stargate UK, if it goes ahead, will span multiple sites across the country, including Cobalt Park, a business park in North Tyneside. …
… It notes that Amazon has made high-profile climate commitments central to its corporate strategy, but also that the firm's cloud business aims to massively expand its infrastructure over the next several years. …
… Financial details of the transaction were not disclosed, and the corporations have not confirmed what name the conjoined business will operate under. …
… Initially, "we focused a great deal on telcos, service providers, and enterprise-end users within the Korean market," Rebellions chief business officer Marshall Choy told El Reg . …
… I’m not hearing customers wonder if Oracle is de-prioritizing its legacy software business just yet, although I see this as an obvious outcome,” he said. …
… "Opening Llama doesn't undercut our revenue, sustainability, or ability to invest in research like it does for closed providers," he argued, emphasizing that Meta's business model didn't depend on selling access to its models, either. …