Oracle (ORCL) and OpenAI have scrapped plans to expand an artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI’s changing needs, sources told Bloomberg Brody Ford, Ed Ludlow and Dina Bass. This created an opening for Meta Platforms (META) to step in and consider leasing the planned expansion site from developer Crusoe after Nvidia (NVDA) helped facilitate Meta’s discussions with the developer, the sources added.
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