this post was submitted on 28 Jun 2026

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357

Oracle sues Wisconsin utility regulators over financial requirements for data centers (www.wpr.org)

submitted 1 month ago by sanitation@lemmy.today to c/technology@lemmy.world

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[–] giacomo@lemmy.dbzer0.com 96 points 1 month ago

CUB’s expert also noted that the failed energy and commodities firm Enron had an investment-grade rating four days before the company filed for bankruptcy protection.

lol

[–] db2@lemmy.world 91 points 1 month ago (1 children)

One Rich Asshole Called Larry Ellison

[–] RagingRobot@lemmy.world 23 points 1 month ago (1 children)

And all those lawyers and other people who are happy to take his money to fuck everyone else

[–] wizardfrag@lemmy.world 3 points 1 month ago

Oracle aatlaopwahtthmtfee?

[–] hydrashok@sh.itjust.works 62 points 1 month ago

Wisconsin trying not to get Foxconned again?

[–] Manjushri@piefed.social 38 points 1 month ago

Sorry, if your AI data center is likely to default on utility bills, then you need to put down a substantial and burdensome deposit just like the poors are required to do.

[–] joeljoelle@piefed.blahaj.zone 27 points 1 month ago (5 children)

sorry all the water in this state is for cows and cranberries, and ginseng I guess, and people

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[+] Anonymous_Leaker@lemmy.world 16 points 1 month ago* (last edited 1 month ago) (4 children)

[deleted]

[–] EncryptKeeper@lemmy.world 45 points 1 month ago (1 children)

Datacenters? Yes, to an extent. They enable things like the modern internet, public goods like Wikipedia, etc.

AI datacenters? No.

[–] baines@lemmy.cafe 19 points 1 month ago (51 children)

70% of the modern internet is bots botting for bots

i’ll take the drinking water

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[–] Sabin10@lemmy.world 13 points 1 month ago* (last edited 1 month ago) (1 children)

You see, investors sincerely believe that AI has value and more AI has more value. How do you create more AI? More data centers!

So now you have several hundred multimillionaires and billionaires, with almost zero understanding of what AI is, what it's useful for and what it's not useful for, but they believe with all their heart , more data centers makes wealth go up.

Now they are buying up land, with money they borrowed, to build data centers, with hardware that hasn't been manufactured yet all to potentially realize financial gains that are backed by nothing but speculation and emotion.

[–] 4am@lemmy.zip 6 points 1 month ago

This is what happens when you give the market fomo. Invent something magical that you don’t understand the inner workings of (a literal mechanical Turk).

The problem was that after the pandemic and crypto, too many investors were itching for a gold rush that would simply just replace the disgusting working class. I mean, they were already but that shit made them extra hungry.

[–] criss_cross@lemmy.world 13 points 1 month ago (1 children)

Data centers have been around forever. Supercomputers and other large racks of computer hardware have been housed in them for decades. They have done a lot of good for research.

Even if you didn’t have AWS and the like modern sites/tech products need a lot more hardware than your random desktop computer to work. And that needs to be housed somewhere.

The AI ones they’re trying to build now to try and stack tech feudal territory? Probably not. I don’t think the demand is gonna be there long term.

[–] The_Decryptor@aussie.zone 4 points 1 month ago (1 children)

Even if you didn’t have AWS and the like modern sites/tech products need a lot more hardware than your random desktop computer to work. And that needs to be housed somewhere.

They really don't, everything is just hideously inefficient these days.

[–] stringere@sh.itjust.works 2 points 1 month ago

They really don't, everything is just hideously inefficient these days.

Because for ~30 years hardware, microchips, memory, and storage kept improving faster than programming best practices. As a result we have bloated applications with poor memory management. In the coming hardware famines I hope to see this trend reverse course.

[–] Klox@lemmy.world 2 points 1 month ago (1 children)

Guarantee not the ones owned by Oracle.

[–] rumba@lemmy.zip 12 points 1 month ago (1 children)

Paying for utility expansion on a 15 billion dollar datacenter is a line-item at best.

[–] 01189998819991197253@infosec.pub 5 points 1 month ago

But if Oracle can not pay that, even if murder is required, they'd do it.

[–] PetoniousRex@lemmy.zip 1 points 1 month ago

State's gonna win. Be ready to slide alot of cash accross the table.

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