Huge Port Washington data center funding “on schedule,” Oracle says

• Oracle has confirmed that funding for its Port Washington data center is on track.
• The Port Washington campus is part of a larger partnership with OpenAI to develop artificial intelligence.
• Recent reports suggest that a major deal between OpenAI and its chip supplier Nvidia has stalled.
• Both OpenAI and Nvidia have since made public statements reaffirming their ongoing partnership.

Financing for the massive Port Washington data center is “on schedule,” according to a Feb. 3 statement from Oracle, one of the companies that would use the facility.

The unusual statement came following reports that there could be problems between OpenAI, another site partner in Port Washington, and chipmaker Nvidia, which has planned a huge investment in OpenAI.

The Wall Street Journal reported that talks between Nvidia and OpenAI seem to be on shaky ground,

“Now much of OpenAI’s expected funding is in doubt,” the Journal report said.