OpenAI and Oracle are no longer proceeding with their plans to expand their AI data center in Texas, USA.

CoinFeed reported on March 7th, citing Reuters, that OpenAI and Oracle have decided to abandon their plans to expand a large artificial intelligence data center in Texas. Negotiations between the two companies regarding the project had been stalled for a long time due to financing issues and the evolving needs of OpenAI. Sources familiar with the matter indicated that the breakdown of negotiations created an opportunity for Meta to intervene. Meta is currently considering leasing the data center site in Abilene, Texas, originally intended for expansion, from developer Crusoe. It is understood that Nvidia played a role in facilitating Meta's contact with the developer.