Oracle Shares Drop over 5% as Some Oracle Data Centers For OpenAI Delayed To 2028 From 2027
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Oracle Corp. has pushed back the completion dates for some of the data centers it’s developing for the artificial intelligence model developer OpenAI to 2028 from 2027, according to people familiar with the work, Bloomberg reported.
The delays are largely due to labor and material shortages, said the people, asking not to be identified discussing private schedules.
Oracle shares dropped over 5% on Friday.

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