Report: Oracle’s stock falls following breakdown of potential server deal with xAI
Shares of Oracle (NYSE:ORCL) dropped on Tuesday following a report from The Information detailing failed attempts to extend a deal with Elon Musk’s xAI startup. The two companies were in discussions to expand a current arrangement where Oracle leases specialized Nvidia (NVDA) artificial intelligence chips to the startup. The proposed deal was worth as much … Read more