[SAN FRANCISCO] Oracle and OpenAI have scrapped plans to expand a flagship artificial intelligence (AI) data centre in Texas after negotiations dragged on over financing and OpenAI’s changing needs.

March 5 (Reuters) - Enterprise software company Oracle is ⁠planning ⁠thousands of job cuts as ⁠it faces a cash crunch from a massive AI data center expansion effort, Bloomberg News reported on ...

Oracle and OpenAI have scrapped plans to expand their flagship Stargate data centre in Abilene, Texas, after months of failed negotiations over financing and shifting demand. The collapse comes ...