Oracle and Elon Musk's xAI Reach Impasse on Supercomputer Deal
Wednesday, 10 July 2024, 09:58
Key Points:
The negotiations between Oracle and Elon Musk's xAI have reached an impasse.
Plans to build a supercomputer for Musk have broken down.
Implications:
- Stalled Deal: The reported $10 billion server deal is now on hold.
- Industry Impact: Tech and business sectors affected by the breakdown in negotiations.
This development highlights the complexities of high-profile partnerships. Both companies face uncertainties following the failed collaboration.
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.