Musk's xAI and Oracle Discontinuing $10 Billion Server Agreement
Tuesday, 9 July 2024, 17:12
Musk's xAI: Oracle Ends Talks on $10 Billion Server Deal
The negotiations between xAI and Oracle have come to a standstill, affecting a planned server collaboration worth $10 billion.
Details of the Discontinued Talks:
- Existing Arrangement Nullified: Oracle and xAI cease discussions on expanding the existing Nvidia AI chip rental agreement.
- Development Shift: xAI opts to construct a system using Nvidia's H100 GPUs independently.
- Obstacles in the Negotiations: Issues arose, including Musk's request to accelerate supercomputer development beyond Oracle's capacity.
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