Market Chatter: Oracle Moves Completion of Data Centers for OpenAI to 2028

MT Newswires Live12-13

Oracle (ORCL) has moved the completion dates for some data centers being developed for Microsoft-backed (MSFT) OpenAI to 2028 from 2027 due primarily to labor and material shortages, Bloomberg reported Friday, citing people familiar with the situation.

The revised timelines remain ambitious, the report said.

Oracle and OpenAI didn't immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 186.91, Change: -11.94, Percent Change: -6.00

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