Report says Oracle delays some data centres for ChatGPT-maker OpenAI, tech giant denies: ‘We have a…’
Oracle's quarterly results missed revenue targets, sparking concerns after a report claimed delays in its massive data center projects for OpenAI. However, Oracle insists contractual commitments are on track, with the first Texas facility progressing. Despite the clarification, Oracle shares saw a dip, highlighting investor sensitivity to the AI infrastructure build-out.
Oracle's quarterly results missed revenue targets, sparking concerns after a report claimed delays in its massive data center projects for OpenAI. However, Oracle insists contractual commitments are on track, with the first Texas facility progressing. Despite the clarification, Oracle shares saw a dip, highlighting investor sensitivity to the AI infrastructure build-out.
