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The Tech Capital Oracle to spend $95 billion in next 12 months as AI cloud business expands

Oracle (NYSE: ORCL) has revealed a US$95 billion capital expenditure budget for its 2027 financial year, which runs June 1 2026 to May 31 2027. The move comes after its FY2026 capex touched US$55 billion, a US$5 billion overrun on the company’s own estimates. With Remaining Performance Obligations (RPO) of US$638 billion, the vast majority of which are tied to AI cloud...

June 12

The Tech Capital Voltalia locks down 322MW for data centre projects at Brazil’s Pecém hub

French renewables developer Voltalia has secured 322MW of grid connection capacity at the Pecém Industrial and Port Complex (CIPP) in Brazil's Ceará state. The capacity was secured through a Transmission System Usage Agreement (CUST) with Brazil's National Electric System Operator (ONS), providing Voltalia with access to transmission infrastructure at the site, which is b...

June 12

The Tech Capital STT GDC expands Jakarta campus with 360MW capacity pipeline

ST Telemedia Global Data Centres (STT GDC) has expanded its Jakarta campus as part of a long-term pipeline of more than 360MW of IT capacity in Indonesia. The Singapore-headquartered colocation provider has launched STT Jakarta 2, topped out STT Jakarta 3, and broken ground on STT Jakarta 5 and STT Jakarta 6. The expansion is aimed at meeting growing demand for cloud, AI...

June 12

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