Microsoft Declines to Renew Oracle AI Infrastructure Deal
Microsoft is ending its deal to rent AI computing capacity from Oracle, according to Bloomberg, as it reassesses major cloud partnerships.
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Silver Lake and Saudi Fund in Talks to Acquire Unity Software
Private equity firm Silver Lake and Saudi Arabia’s PIF are in talks to acquire Unity Software at a roughly $25 billion valuation.
ING Seeks Buyers for $500 Million in Data Center Loans Amid AI Debt Concerns
ING plans a bids-wanted auction for a $500 million portfolio of data center loans linked to Stargate, Vantage and CyrusOne.
Extreme Networks Explores Sale After Receiving Acquisition Interest
Potential buyers include Cisco, Fortinet and NetApp.
Fervo Energy Gets Buy Rating From Needham on $11.9 Billion Geothermal Contracts
Needham initiates Fervo Energy (FRVO) at Buy with a $17 price target after the company secured 1,054 MW of binding power purchase agreements.
Under Armour Cuts Gross Margin Outlook as Middle East Conflict Raises Costs
Under Armour cut its full-year gross margin outlook and flagged a larger Middle East conflict impact after Q2 sales fell 7% to $1.2 billion.