Oracle’s (NYSE: ORCL) stock declines following the collapse of xAI deal – TipRanks.com
Oracle’s highly anticipated deal with xAI has fallen through, causing a drop in shares by nearly 3%. The agreement was to supply servers to the AI startup fronted by Elon Musk, but talks to expand services have ended. While the current deal involves Oracle leasing AI chips to xAI, new reports indicate that xAI will … Read more