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Oracle kept its fiscal year revenue guidance intact while raising its profit forecast. The company beat on earnings and revenue for the fiscal fourth quarter. Oracle said it plans to raise an ...

The groundbreaking comes as developers spend unprecedented amounts of money to build data center facilities, even as some projects fall behind completion schedules, The Wall Street Journal reported.

CNBC is live from the site of OpenAI's Stargate Michigan data center project. OpenAI and Oracle held an official groundbreaking for the $16 billion Stargate campus in Saline Township, Michigan, on ...