Oracle Delays Some Data Center Projects for OpenAI to 2028
NegativeArtificial Intelligence

- Oracle Corp. has delayed the completion of several data center projects for OpenAI, pushing the timeline from 2027 to 2028, as reported by sources familiar with the situation. This decision reflects ongoing challenges in the partnership between the two companies.
- The postponement is significant as it highlights Oracle's struggles to meet the demands of its collaboration with OpenAI, which has been a major focus for the company. This delay could further impact Oracle's financial performance and investor confidence.
- This development occurs amid broader concerns regarding Oracle's financial health, as the company has faced substantial losses in market value since its $300 billion deal with OpenAI. Investors are increasingly worried about Oracle's heavy reliance on a single customer and its rising credit risk, which has reached levels not seen since the 2009 financial crisis.
— via World Pulse Now AI Editorial System





