Delays? What delays? Oracle insists its $300B cloud contract with OpenAI is on track

Despite Wall Street jitters and reports to the contrary, Oracle insists its $300 billion datacenter deal with OpenAI is on track and proceeding on schedule. Oracle denied a Bloomberg report that Big Red had delayed some of its datacenter projects until 2028 — a full year later than originally planned. "Site selection and …

[beast666]

POP!

[Doctor Syntax]

A runaway train is also on track. Right until it hits the buffers.

[IGotOut]

This is less hitting the buggers, rather it's travelling so fast it's going to be a catastrophic derailment.

[seven of five]

Or falling from the roof. Look how fast we can go - right until you pass the windows on ground floor.

[ecofeco]

Anecdotal

While strictly anecdotal, I'm hearing scuttlebutt that large data center contracts are being cancelled.

Here is one sample: https://finance.yahoo.com/news/fermi-falls-51-ai-campus-141753560.html

See also the Oracle article here on El Reg.

[Anonymous Coward]

Re: Anecdotal

I've just been on a call with someone in Japan that memory chips are in such short supply that PCs are going back to 8GB standard, max 16GB…

[Schultz]

"plenty of capital at our disposal"

... until someone cries 'fire', and the capital evaporates faster than a raindrop in the desert.