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Oracle denies report on OpenAI data center delays
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Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout.
Bloomberg News had earlier in the day reported that Oracle had pushed back the completion dates for some data centers it is developing for OpenAI to 2028, a year later than planned, due to labor and material shortages.
“There have been no delays to any sites required to meet our contractual commitments, and all milestones remain on track,” Oracle spokesperson Michael Egbert told Reuters in…
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