Oracle plans thousands of job cuts
Digest more
OpenAI (OPENAI) and Oracle (ORCL) have decided not to expand their data center site in Abilene, Texas, from 1.2 GW to 2 GW, according to Bloomberg. Instead, Meta Platforms (META) is now considering stepping in to lease the planned expansion,
Oracle and OpenAI have canceled their plans to expand their Stargate data center in Abilene, Texas, according to a report. However, the companies will continue to work on their 4.5 gigawatt agreement.
Interesting Engineering on MSN
Meta eyes 2 GW Texas AI data center expansion abandoned by OpenAI, Oracle
OpenAI and Oracle have stepped back from plans to expand a major artificial intelligence
Bloom Energy (BE) stock plummeted 15.5% after Oracle and OpenAI cancelled their Texas AI data center project, despite strong Q1 earnings expectations.
CNBC's Seema Mody reports on news regarding OpenAI.
This is not the first issue TikTok has experienced since the official establishment of its TikTok USDS JV, which was finalized in January of this year. Just one week after being formalized, an Oracle data center suffered a power outage.
TikTok users in the US experienced widespread service disruptions on Tuesday, with posting delays and interruptions reported. An issue at an Oracle data center was cited as the cause, marking the second major outage linked to Oracle since TikTok's US operations sale.