Microsoft is winding down its deal to rent AI computing from Oracle
Microsoft is winding down its 2023 deal to rent AI computing capacity from Oracle after deciding not to renew the contract, according to Bloomberg. The servers ran older Nvidia chips that no longer matched Microsoft's current needs as the company reassesses more than $80 billion in contracts with outside cloud providers. Meanwhile, Oracle faces financial pressures including negative free cash flow and a credit rating close to junk status. Open article →
- Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain
- Microsoft is winding down Oracle deal to rent AI cloud capacity
- Microsoft Ends Deal to Rent Cloud Servers from Oracle
- Microsoft (MSFT) reportedly winds down Oracle (ORCL) AI rental. Oracle says older GPUs renew at a 20% premium.
- Microsoft to drop rented computing capacity from Oracle
- AI Slump Gathers Momentum: Microsoft Terminates Oracle Compute Agreement
- Exaggerated AI Data Center & Hyperscaler Profits: GPU Depreciation
- Bloomberg: Microsoft is switching off AI servers it rented from Oracle after declining to renew a...
- 🚨Oracle's AI deals are falling apart one by one. Microsoft is now winding down its deal to rent ...
- 🚨BREAKING: Oracle FALLS more than 6% to a two-year LOW after news that Microsoft will wind down i...
- 🦔Microsoft is winding down a deal to rent AI computing power from Oracle. Microsoft chose not to ...
- 🚨 BREAKING: Oracle $ORCL PLUNGES over 6% to a TWO-YEAR LOW after Bloomberg reports Microsoft will...
- BREAKING: Oracle stock, $ORCL, falls -5% after Microsoft ends its deal to rent AI cloud capacity ...
- Microsoft plans to use fewer neoclouds as AI buildout shows signs of strain https://t.co/SmDNnIZVEZ
- Microsoft Winding Down Oracle Deal to Rent AI Cloud Capacity
- Oracle falls 3% on report of Microsoft AI cloud deal
- Microsoft was renting A100s from Oracle for powering Bing and they won't renew that contract Orac...