By marketscale.com
Publication Date: 2026-11-06 19:41:00
Microsoft is winding down a 2023 arrangement to rent AI computing capacity from Oracle after declining to renew the contract, Bloomberg reported, citing people familiar with the matter. The capacity, which supported Microsoft’s AI-powered Bing search engine, used older-generation Nvidia chips that no longer fit Microsoft’s specifications. Microsoft declined to comment. Oracle said demand for its AI infrastructure remains strong and that GPU capacity up for renewal in its first quarter was renewed or resold at a 20% premium for long-term contracts.
Microsoft is winding down a 2023 deal to rent AI cloud capacity from Oracle, Bloomberg reported on Friday, citing people familiar with the matter. Microsoft has been turning off the rented capacity after declining to renew the contract, because the hardware used older-generation Nvidia chips, according to the report as relayed by Seeking Alpha and crypto.news.
The arrangement dates to 2023, when Oracle agreed to supply servers supporting…
