Newsquawk Logo

Oracle (ORCL)-OpenAI talks to lease stargate expansion site broke down, Bloomberg reports; Oracle and OpenAI end plans to expand data centre site

Importance
Level 1
  • Meta in discussion with developer Crusoe to lease expanded site.
  • Oracle and OpenAI have scrapped plans to expand a flagship AI data centre in Texas after negotiations dragged over financing and OpenAI’s changing needs.
#MICROSOFT CORP#MSFT.US#ORACLE CORP#SOFTWARE#IMPORTANT#EQUITIES#US SESSION#SYSTEMS SOFTWARE#SOFTWARE & SERVICES#S&P 500 INDEX#NASDAQ 100 INDEX#OPEN AI#US EQUITIES
Published: Updated: