Elon Musk’s technology startup xAI and Oracle have reportedly concluded talks on a potential $10 billion server deal, as per a report by The Information. The agreement aims to extend xAI’s existing lease of Nvidia’s AI chips from Oracle for a system utilizing Nvidia’s H100 graphics processing units. Musk has been active on his social … Read more
This article discusses the recent drop in Oracle’s stock prices following failed negotiations with xAI. Oracle’s shares took a significant hit after talks between the two companies fell through, causing concern among investors and analysts. Many believe that the failed talks could have a negative impact on Oracle’s future prospects and performance in the market. … Read more
Shares of tech giant Oracle plummeted today after talks between the company and artificial intelligence startup xAI fell through. The failed negotiations have raised concerns among investors about Oracle’s ability to compete in the fast-growing AI market. The decline in Oracle’s stock price was drastic, with shares falling by over 10% in early trading. This … Read more
Oracle shares are declining after discussions between the company and Elon Musk’s AI startup xAI broke down. The failed talks centered around a potential extension of a previous agreement where xAI would lease Nvidia chips from Oracle. This deal, valued at $10 billion, would have made xAI one of Oracle’s largest clients, but it has … Read more
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
Tech giant Oracle is facing a setback in its potential $10 billion server deal with Elon Musk’s artificial intelligence company xAI. The talks have reportedly ended, with Musk now focusing on purchasing chips to build his own data center. This news has caused Oracle shares to trade lower, as reported by The Information. In a … Read more
Turkish intelligence chief İbrahim Kalın met with Hamas leader Ismail Haniyeh to discuss ceasefire negotiations and humanitarian aid in the Gaza Strip. They talked about securing a permanent ceasefire, exchanging prisoners and hostages, and providing aid to the region. Turkey, a strong supporter of Hamas, denounced Israel’s attacks on Gaza and criticized the West’s support … Read more
Broadcom’s recent changes in how VMware goes to market have raised concerns among partners and customers. Jeff Ready, CEO of Scale Computing, accused Broadcom of profiting off a hospital charity during a keynote speech, highlighting the impact of pricing changes on nonprofits and charities. Since the $69 billion deal between Broadcom and VMware, product SKUs … Read more