Oracle and Elon Musk's xAI Discuss $10 Billion Server Deal

Tuesday, 9 July 2024, 17:08

The talks between billionaire Elon Musk's AI startup xAI and tech giant Oracle regarding a $10 billion server deal have come to an end. The Information reported this development on Tuesday. The negotiations between the two parties failed to materialize into a final agreement due to undisclosed reasons.

Oracle and Musk's xAI $10 Billion Server Deal Talks End

The discussions between billionaire Elon Musk's artificial intelligence startup xAI and tech giant Oracle regarding a $10 billion server deal have come to a halt, as The Information reported on Tuesday.

What Happened?

The talks on the potential partnership between the two parties failed to progress, culminating in no agreement being reached.

Despite the initial excitement surrounding the possibility of a significant deal, it seems the negotiations couldn't overcome the obstacles in their way.

  1. The partnership talks have officially ended, without a final agreement in place.
  2. The exact reasons behind the breakdown of negotiations remain undisclosed.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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