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Stockreport

Oracle Delays Some Data Center Projects for OpenAI to 2028 [Yahoo! Finance]

NVIDIA Corporation (NVDA)  More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The delays are largely due to labor and material shortages, said the people, asking not to be identified discussing private schedules. Most Read from Bloomberg A Train Grows in Brooklyn Trump's New Architect Is Sticking With Ballroom's Giant Size NJ's Montclair Cuts School Staff and Mulls March Tax-Hike Vote Extreme Weather Plunges Brazil's Largest City Into Darkness Democrats Want Probe of Trump Officials and Immigration Deals Oracle has been working to deliver on a $300 billion contract to supply the computing power necessary to train and run OpenAI's models since it was inked this summer. Even with the delays, the timelines for the projects in the US remain ambitious for sites that are set to become some of the largest in the world. Our Big Take on Oracle's massive bet on AI: Oracle's $300 Billion AI Bet Has Fast Become a Bubble Barometer Oracle and OpenAI declined to comment. Oracle's shares fell as much as 6.5% on the news. They were down 5.3% at $188.26 at 11: [Read more]
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Stockreport

Oracle Delays Some Data Center Projects for OpenAI to 2028 [Yahoo! Finance]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Yahoo! Finance
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The delays are largely due to labor and material shortages, said the people, asking not to be identified discussing private schedules. Most Read from Bloomberg A Train Grows in Brooklyn Trump's New Architect Is Sticking With Ballroom's Giant Size NJ's Montclair Cuts School Staff and Mulls March Tax-Hike Vote Extreme Weather Plunges Brazil's Largest City Into Darkness Democrats Want Probe of Trump Officials and Immigration Deals Oracle has been working to deliver on a $300 billion contract to supply the computing power necessary to train and run OpenAI's models since it was inked this summer. Even with the delays, the timelines for the projects in the US remain ambitious for sites that are set to become some of the largest in the world. Our Big Take on Oracle's massive bet on AI: Oracle's $300 Billion AI Bet Has Fast Become a Bubble Barometer Oracle and OpenAI declined to comment. Oracle's shares fell as much as 6.5% on the news. They were down 5.3% at $188.26 at 11: [Read more]
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