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

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 had on the technology industry. It remains unclear why the negotiations fell through, but this development is sure to have reverberations within both companies and the tech world as a whole. Oracle and xAI were likely hoping to capitalize on each other’s strengths and resources in order to further establish themselves as major players in the field of servers and artificial intelligence. The failure of this deal is certainly a setback for both companies, as they will now have to reassess their strategies moving forward. It is possible that either party may seek out other potential partners in the future in order to achieve their goals. This news highlights the competitive nature of the tech industry and the challenges that companies face when trying to form partnerships and collaborations. The fallout from this failed deal will likely be significant, as both Oracle and xAI will need to regroup and come up with new plans to stay ahead in a rapidly evolving market. Only time will tell how this development will ultimately impact the future of both companies and the industry as a whole.

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