Elon Musk's xAI and Oracle End $10 Billion Server Deal Talks

Reported about 1 year ago

Elon Musk's artificial intelligence startup xAI and Oracle have decided to terminate discussions regarding a potential $10 billion server deal. The deal involved xAI renting Nvidia's AI chips from Oracle, but talks were halted due to Musk's desire to build a supercomputer at a faster pace than Oracle believed possible. Oracle also expressed concerns about the inadequate power supply at xAI's preferred location. Neither Oracle nor Elon Musk's representatives have provided immediate comments on the matter. This article was reported by The Information.

Source: YAHOO

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