Oracle plans up to $95 billion in FY2027 AI spending, shares fall
What's new: Oracle expects to raise nearly $40 billion in debt and equity in 2027 as margins weaken during the data-center buildout.
Subject
#Meta Platforms
Meta leases 168-MW AI data center from Reliance in India
What's new: The Jamnagar facility is due within two years, with expansion options and nearly 1 gigawatt of renewable power tied to Meta's India buildout.
Bloomberg, CNBC