Oracle and OpenAI Scrap Texas Data Centre Deal, Meta in Talks
Oracle and OpenAI have terminated their agreement to expand a flagship data center in Texas, with Meta reportedly in discussions to take over the computing capacity that OpenAI will no longer use.
The Story
Analyzing sources…
Source Diversity
Source Diversity
High (60/100)Sources
Oracle and OpenAI scrap deal to expand flagship Texas data centre
Meta in talks to take up additional computing capacity that the ChatGPT maker will not take up
Read full article →Boeing moves closer to a huge deal — plus, positive signs for one of our AI plays
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Read full article →Oracle and OpenAI drop Texas data centre expansion plan: Report
Oracle and OpenAI have reportedly abandoned plans to expand a flagship artificial intelligence data centre in Texas
Read full article →Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower
Oracle & OpenAI Scrap Texas Data Center Expansion Plan, Sending AI Stocks Lower AI-related stocks are sliding late in the New York cash session after Bloomberg News reported that Oracle and OpenAI have scrapped plans to expand the Stargate AI data center in Abilene, Texas, from about 1.2 GW to 2.0 GW. Sources said the expansion was canceled after talks stalled over financing issues and OpenAI's changing demand forecasts. However, the collapse of the Oracle-OpenAI plans has open...
By Tyler Durden
Read full article →Coverage Timeline
Related Stories
Amazon's First Customer Receipt Goes Viral, Bezos and Musk React
just now
UP President Addresses Commercialization Concerns on Diliman Campus
just now
Scrutiny Intensifies Over Philippine VP Sara Duterte's SALNs and Business Interests
just now
Philippines: Funds Released for 'Ghost' Flood Control Project Despite Irregularities
just now