Billion

The Information reports that talks between Oracle and Musk’s xAI over a $10 billion server deal have fallen through

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The Information reports that talks between Oracle and Musk’s xAI over a billion server deal have fallen through

Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have decided not to move forward with a potential $10 billion server deal, as reported by The Information on July 9. The negotiations between the two companies have ceased. Article Source https://www.marketscreener.com/quote/stock/ORACLE-CORPORATION-13620698/news/Oracle-and-Musk-s-xAI-s-10-bln-server-deal-talks-lapse-the-Information-reports-47346158/

Elon Musk’s AI Company Terminates $10 Billion Server Agreement with Oracle – Times of India

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Elon Musk’s AI Company Terminates Billion Server Agreement with Oracle – Times of India

Elon Musk’s AI company xAI has reportedly finalized a $10 billion server deal with tech giant Oracle, leasing Nvidia’s AI chips to train the Grok 2 chatbot. Musk confirmed that the company has leased 24,000 Nvidia H100s GPUs from Oracle for this purpose. The new AI chatbot is set to debut in August after some … Read more

xAI terminates discussions with Oracle regarding $10 billion server agreement

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xAI terminates discussions with Oracle regarding billion server agreement

Elon Musk’s xAI has decided to forego a $10 billion deal with Oracle to use their cloud servers for building its artificial intelligence training infrastructure. Instead, xAI is opting to purchase chips to create a data center on its own. Musk explained that the decision to train their next major system in-house using Nvidia’s H100 … Read more

Oracle and Musk’s conversation about a $10 billion server deal involving xAI has ended, according to a report by The Information on Moneycontrol.

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Oracle and Elon Musk’s artificial intelligence company xAI have been in negotiations for a $10 billion server deal, according to a report by The Information. The deal ultimately fell through, as reported by Money Control. The negotiations between Oracle and xAI were likely part of Musk’s plans to expand his AI capabilities and infrastructure. Musk … Read more

Elon Musk’s xAI and Oracle conclude discussions on potential $10 billion Nvidia server agreement

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Elon Musk’s xAI and Oracle conclude discussions on potential billion Nvidia server agreement

Elon Musk’s company, xAI, has recently concluded negotiations with Oracle for a potential $10 billion server deal, according to a report from The Information. This agreement is an expansion of their current partnership, where xAI has been renting AI chips from Nvidia through Oracle’s cloud services. Musk’s xAI is working on building a new system … Read more

Elon Musk’s xAI and Oracle Cancel $10 Billion Server Deal, According to Report from BW Businessworld

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Elon Musk’s artificial intelligence company, xAI, and tech giant Oracle have reportedly decided to end a $10 billion server deal. This news comes as a surprise to many in the tech industry, as the partnership between the two companies was highly anticipated. The deal was expected to bring together Oracle’s expertise in servers and xAI’s … Read more

Musk’s xAI and Oracle have decided to end negotiations on a $10 billion server deal, according to a report from The Information on MSN.

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Elon Musk’s artificial intelligence company xAI and tech giant Oracle have reportedly completed negotiations on a $10 billion deal for server technology, as first reported by The Information. The agreement between the two companies marks a significant milestone in the advancement of AI technology and signals a major investment in server infrastructure. The deal between … Read more

The Information reports that Musk’s xAI and Oracle have ended discussions on $10 billion server deal

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The Information reports that Musk’s xAI and Oracle have ended discussions on billion server deal

Billionaire Elon Musk’s artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential billion server deal, according to a report from The Information. The startup had been leasing Nvidia’s artificial intelligence chips to the cloud provider under an existing agreement, but talks to expand that deal have now been terminated. Musk’s … Read more

The Information reports that talks between Oracle and Musk’s xAI have lapsed on a $10 billion server deal

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The negotiations for a $10 billion server deal between Oracle and Musk’s xAI have reportedly failed, according to a report by The Information. The deal was intended to be a significant partnership between the two companies but was ultimately unsuccessful. This news comes as a surprise, given the potential impact such a deal could have … Read more

The Information reports that talks between Oracle and Musk’s xAI on a $10 billion server deal have ended

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The Information reports that talks between Oracle and Musk’s xAI on a billion server deal have ended

Elon Musk’s startup xAI and Oracle have decided to end discussions on a potential $10 billion server deal. The two companies were in talks to expand an existing agreement where xAI leased Nvidia artificial intelligence chips to Oracle. However, these negotiations have now come to a halt. Musk’s xAI is now working on a system … Read more