Oracle and OpenAI have scrapped plans to expand a flagship artificial intelligence data centre in Texas after negotiations dragged on over financing and OpenAI’s changing needs.
The collapsed talks created an opening for Meta Platforms to step in and consider leasing the planned expansion site in Abilene, Texas, from developer Crusoe, according to people familiar with the matter. Nvidia, the leading AI chipmaker, helped facilitate Meta’s discussions with the developer, said the people, who asked not to be identified because the talks were private.
Loading…
Bloomberg