Musk's xAI, Oracle end talks on $10 billion server deal, The Information reports

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:Billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported on Tuesday.

FILE PHOTO: XAI logo is seen near computer motherboard in this illustration taken January 8, 2024.

Oracle also raised concerns that xAI's preferred location had inadequate power supply, the report added.

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Category: EconomyBusiness

Markets: Singapore

Topics: Talks Nvidia File Logo 2024 Photo: Startup Musk York Oracle Information

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-10 @ 01:12:35 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 260 words

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Sentences: 10 lines

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