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Fuqed CompanyOracle and OpenAI have cancelled plans to expand their flagship AI data center campus in Abilene, Texas, after lengthy negotiations broke down over financing arrangements and OpenAI's changing capacity projections, reports Bloomberg. The Abilene campus is part of the Stargate project announced at the White House last year, and yet, it seems like it faces slowdowns. Just like other Oracle's data centers meant for OpenAI.
https://www.tomshardware.com/tech-indus … s-capacity
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PelvicOarfishOracle just fired 30k people to build AI data centers and now the data centers are getting canceled too. everybody loses. the AI bubble is speedrunning the dot-com timeline
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