Oracle

Recent news

• Jul 9, 2026

  Leadership Updates: Key Data Center & Cloud Appointments (Q3 2026)

  The article summarizes a wave of leadership appointments across data center operators, infrastructure vendors, and related service firms; it is a roundup rather than a single first-time project announcement.

  • Multiple firms, including NTT Data Group, Stream Data Centers, Colt Data Centre Services, and Vantage Data Centers, announced new executive appointments to support expansion, operations, finance, technology, and regional growth.
  • The roundup also covers leadership moves at Oracle, Güntner Group, Apx Data Centre Solutions, Trane Technologies, Anthropic, Scality, EdgeCore, JLL, Cushman & Wakefield, and industry bodies such as ASHRAE and EPRI; no single investment amount or project cost is given.
• Jul 8, 2026

  Google-linked Housebound Group files for two data center projects in Haskell, Texas

  Google-linked affiliate Housebound Group LLC has filed two new data center projects in Haskell, Texas, with TDLR.

  • Journey 1A and Journey 2A are both planned for 1362 Red Creek Road, Haskell and each is budgeted at $400 million.
  • Journey 1A began construction on April 1, 2026 and is expected to finish by late August 2027; Journey 2A began on June 23, 2026 and is targeted for late October completion. The site is described as roughly 300 acres, and the Haskell County tax abatement for the Journey site was approved in June 2025.
  • The article also references related Google-linked development in Haskell County, including the Thelma campus and another campus developed by Ascendant Site Solutions LLC; Google said in November 2025 it would invest $40 billion in Texas through 2027.
• Jul 8, 2026

  GridMarket, Deployable Energy partner to deploy microreactors for data centers

  GridMarket and Deployable Energy have announced a partnership to support advanced nuclear power development for the data center sector.

  • The companies are targeting deployment of 500MW per year from 2030 to 2035 and say the partnership could support more than 3GW of capacity through 2035.
  • GridMarket will connect its customer pipeline and deployment-ready sites to Deployable Energy’s Unity Nuclear Battery, a 1MWe gas-cooled microreactor designed to fit inside a 20 ft container and be deployed in arrays.
  • Deployable Energy was selected for the Nuclear Energy Launch Pad and says its test reactor reached criticality earlier this month; the company is based in Houston, Texas. The article also notes that the parties will pursue customer engagements and an initial pilot project, with no further pilot details provided.
• Jul 7, 2026

  Intesa Sanpaolo Group migrates core IT systems to Google Cloud

  Intesa Sanpaolo has announced the completion of its core IT systems migration to Google Cloud, using Google cloud regions hosted in TIM data centers in Turin and Milan.

  • More than 800 applications were moved, and around the same number were decommissioned within the bank’s headquarters.
  • The migration was completed without any major incidents and while ensuring business continuity; the bank said it has laid the foundations for Isytech, its cloud-native digital technology platform.
  • The article also notes that Google’s Italy cloud-region plans with TIM were first announced in 2022 for Milan and expanded to Turin in 2023; TIM later said in October 2025 it planned a €1 billion ($1.1bn) data-center expansion over three years.
• Jul 6, 2026

  DTE power outages in 2026: What you need to know about reliability, bill credits, and rate hikes

  DTE Energy is facing renewed scrutiny after a major storm outage while it seeks a new rate increase and continues to link its future revenue needs to large data centers.

  • Main action: DTE reported that more than 320,000 customers lost power during July 4 weekend storms, with some restorations delayed until late Wednesday; customers out for 96+ hours are to receive $42 per day in automatic bill credits.
  • Background/details: The Michigan Public Service Commission is reviewing DTE’s $474.3 million rate case, with a decision expected in early 2027; the article also says DTE’s rate story is tied in part to serving the 1.4-gigawatt Oracle and OpenAI hyperscale data center in Washtenaw County’s Saline Township and that the utility plans to spend $30 billion from 2026 to 2030.
• Jul 3, 2026

  Brookfield expands partnership with Bloom Energy to support fuel cell deployment across AI data centers

  Brookfield has expanded its partnership with Bloom Energy to support the supply of Bloom’s Solid Oxide Fuel Cell (SOFC) systems to AI data center customers.

  • Brookfield will increase its investment in Bloom Energy from $5 billion to $25bn under the expanded agreement.
  • The package is part of Brookfield’s AI Infrastructure Fund, launched in November 2025 with a target to deploy $100bn; Bloom said the deal reflects strong demand from the data center sector.
  • The article also references prior Bloom data center deals with Nebius, Oracle, Equinix, and American Electric Power, including capacity figures of up to 2.8GW, 100MW+, and 1GW.
• Jul 1, 2026

  The Hidden $15B Market Powering the Modern Internet

  Escrow.com published one of the first comprehensive public looks at the IPv4 secondary market.

  • Market overview: Escrow.com’s report profiles a now $15 billion global secondary market for IPv4 addresses, noting the global IPv4 pool exhaustion in 2011, continued acquisition by major holders, and that AWS alone acquired roughly 191 million IPv4 addresses (inventory valued at $7–8 billion) before shifting strategy in 2023.
  • Market mechanics and participants: The article highlights Brander Group’s role (facilitating 50–80 transfers per month, ~$1 billion cumulative transaction volume, and a single ~$89 million transaction), the critical role of secure escrow (Escrow.com) in enabling cross-border deals, and the involvement of registries ARIN/RIPE/APNIC/LACNIC and buyers such as cloud providers, ISPs, hosting companies, AI platforms, broadband operators, and enterprise networks.
• Jul 1, 2026

  Blue Energy, GE Vernova Advance ‘Gas Bridge’ Model to Unlock Nuclear Finance

  Blue Energy and GE Vernova announced a collaborative 2.5-GW gas-plus-nuclear project planned for the Port of Victoria, Texas, and Blue Energy previously signed a strategic partnership with Crusoe to supply nuclear-powered baseload to Crusoe’s AI data center campus.

  • Main announcement: Blue Energy and GE Vernova announced a 2.5-GW collaboration (May 2026) to develop what they describe as the world’s first gas-plus-nuclear power plant at the Port of Victoria, Texas; the agreement includes a slot reservation for two GE 7HA.02 gas turbines (2029 delivery) expected to provide ~1 GW of power by 2030, with up to five BWRX-300 SMRs supporting about 1.5 GW of nuclear generation as early as 2032. The project is subject to a final investment decision in 2027 and Blue Energy plans to apply for an NRC construction permit in 2027.
  • Background & financing details: Blue Energy (founded 2023, emerged from MIT) exited stealth with a $45 million Series A and says its modular prefabrication model could reduce costs from >$10,000/kW to ~$2,000/kW (target later stated) and cut build time from ~10 years to as low as 48 months for the gas-to-nuclear sequence; Blue Energy cites ~$100 million of prior site work on the Port of Victoria tract from Exelon, and GE Vernova brings large equipment and services backlogs (e.g., $87B services backlog, $76B equipment backlog) that factor into supply-chain scaling and timing.
• Jun 30, 2026

  Stargate Update: AI’s Biggest Data Center Buildout Meets Reality

  OpenAI, SoftBank, Oracle, and MGX announced the Stargate initiative in January 2025; this article reports on its evolution, project deployments, financing friction, and operational lessons.

  • Main announcement and current actions: The Stargate consortium originally pledged up to $500 billion and up to 10 GW of compute capacity; since then concrete projects have emerged including Vantage Data Centers breaking ground on the Lighthouse campus (Port Washington, WI) in December 2025 — a $15 billion project planned to deliver four data centers totaling 902 MW IT capacity across 674 acres — and the Abilene, Texas mega-campus (≈1,100 acres) reaching energization and early deployment while reporting weather-related outages and later reports (March 2026) of scaled-back expansion tied to financing and demand assumptions.

  • Background, partners and implementation details: The Stargate model emphasizes behind-the-meter generation, co-located energy infrastructure, and phased GPU deployment; governance and financing tensions have surfaced (reported disagreements among OpenAI, Oracle, partners and revised Texas plans), Microsoft has engaged through a partnership with Crusoe to add buildings at Abilene (including reported ~900 MW related work), and Texas policy headwinds (tax incentive and permitting changes, scrutiny over water/grid impacts) are shaping future approvals and timelines.

• Jun 29, 2026

  Lawmakers push data center accountability as Michigan prepares for midterms

  The Michigan Legislature has introduced bills to pause data center approvals until April 1, 2027 and to impose new transparency and cost-bearing requirements on data center projects.

  • Main action: The bills would pause approvals until April 1, 2027, require data centers to cover the full cost of their electricity, mandate community benefits agreements, regulate water usage, and require noise studies; Gov. Gretchen Whitmer has said she will not sign a statewide moratorium but supports stricter regulations. Key project cited: the 1.4‑gigawatt Oracle and OpenAI facility in Saline Township, whose DTE Energy power contracts have been appealed by Attorney General Dana Nessel to the MPSC.
  • Background and details: More than 50 Michigan municipalities have passed temporary moratoria while officials study impacts; Michigan House Democrats introduced a bipartisan package in February to moratorium approvals until April 1, 2027; a related MPSC commission meeting is scheduled for July 16, 2026; the article references an Ohio decision that paused a tax exemption after finding it cost the state $1.5 billion in tax revenue.
• Jun 29, 2026

  AI’s Duplicate Demand Problem Drives Grids to Commitment-First Planning

  FERC has initiated a pending rulemaking (RM26-4-000) exploring “commitment-first” planning for large loads to prevent inflated demand forecasts driven by speculative data center interconnection requests.

  • Main announcement/action: Google has proposed a Capacity Commitment Framework that would require meaningful commercial commitments (examples: long-term service agreements, minimum demand charges, upfront collateral, withdrawal penalties) before large-load requests influence long-term transmission planning; major cloud/AI firms (Amazon, Microsoft, OpenAI) support maturity/commitment-based approaches and coordinated generation-load studies.
  • Background and details: Regional reforms already in practice include ERCOT’s Batch Zero credibility test, SPP’s HILLGA framework, and PJM large-load proceedings; alternative proposals include NRG Energy’s open seasons for transmission capacity and state-level jurisdictional challenges (e.g., North Carolina urging preservation of the Federal Power Act’s jurisdictional line; Maryland regulators contesting PJM cost-allocation tied to AI-driven load growth).
• Jun 26, 2026

  Large data center campus planned in Pindamonhangaba, Brazil

  RiverHook Village has announced the development of a hyperscale data centre campus in Pindamonhangaba, São Paulo, with staged capacity and multi-billion‑reais investment commitments.

  • Main announcement: RiverHook Village 18 will be built on more than 500,000 m² (5.38m sq ft) along Via Estrutural, with an initial installed capacity of 150MW (expandable to up to 300MW) and investment starting at 5 billion reais (could reach 10 billion reais in later phases). The announcement was formalised on 28 April 2026 during the launch of the Investe Pinda platform.
  • Background & implementation details: Partners include consulting firms Indo-Bras United and LetsGoFusion (owned by Fabio Gordon); negotiations with the city began in August 2025, the company was incorporated in November 2025, and the project timeline states construction start October 2026 and operational June 2028. The city’s Department of Economic Development (headed by Marcelo Martuscelli) cited energy availability and approved an additional 150MW dedicated to the campus; the design calls for waterless cooling to minimise regional water use.

  Event details (announcement event):

  • Date: 28 April 2026
  • Time: not specified in article
  • Location: Intercity Hotel, Pindamonhangaba
  • Agenda / subject: launch of the Investe Pinda platform and formal announcement of RiverHook Village 18
• Jun 26, 2026

  Grid Delays Push AI Data Centers Toward Fuel Cells, Market Seen Reaching $30 Bn: Rystad

  Rystad Energy projects fuel cell market revenues will increase tenfold to approximately $30 billion by 2030 and reports a growing contracted order book of ~9 GW, citing framework agreements with Oracle, AEP, Equinix and Brookfield.

  • Main announcement: Rystad Energy projects fuel cell market revenues to rise from ~$2.8 billion in 2025 to ~$30 billion by 2030, with a contracted order book of ~9 GW and 10.4 GW cumulative data-center demand between 2026–2030. The firm highlights ~40% of projected U.S. 2030 data center capacity may pursue on-site dedicated power and expects manufacturing capacity to reach 4 GW/year by 2030.
  • Background and details: Rystad cites grid interconnection timelines of 3–6 years in the U.S., notes North America to account for ~91% of installed on-site capacity, flags SOFC dominance (~53% of deliveries) and concentration risk around Bloom Energy’s SOFC contracts and scandium dependency (global scandium market ~60 t/yr).
• Jun 25, 2026

  FuelCell Energy signs up to 380MW fuel cell supply deal with Fit Energy to power data center operations

  FuelCell Energy has announced a binding data center power deal with Fit Energy USA to supply up to 380MW of on-site fuel cell generation.

  • Deal terms and timeline: The agreement commits FuelCell Energy to supply up to 380MW of behind-the-meter fuel cell generation to power data centers, with an immediate deposit for an initial 30MW, and delivery scheduled to begin later this year; the remaining capacity will be deployed in phases tied to deployment milestones.
  • Background and related details: The announcement cites FuelCell Energy’s product lineup (1.25MW, 2.5MW and 12.5MW systems) and notes prior non-binding partnerships including with Sustainable Development Capital (up to 450MW) and Inuverse (up to 100MW in Daegu, South Korea); Fit Energy (headquartered in Boca Raton, Florida) is described as an energy infrastructure developer focused on long-term ownership for the digital economy.