Microsoft winds down Oracle AI cloud rental deal over older Nvidia chips
Microsoft has been switching off computing capacity it rented from Oracle after declining to renew a 2023 deal that powered AI features in Bing, Bloomberg reported, as part of a broader review of billions of dollars in cloud partnerships. People familiar said the Oracle hardware used older-generation Nvidia chips that no longer fit Microsoft's needs. Oracle said demand for its AI infrastructure remains strong, including for earlier-generation GPUs; its shares dipped about 3% on the report.
Source: Reuters