Microsoft lets Oracle AI cloud deal lapse, Bloomberg says
The 2023 arrangement ran on older Nvidia chips; it is part of a wider review of the billions Microsoft spends renting computing from other firms.
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Microsoft is winding down a deal to rent AI computing from Oracle after declining to renew it, Bloomberg reported.
The rented capacity used an older generation of Nvidia chips and no longer met Microsoft's needs, the report said.
Oracle said demand for its AI infrastructure remains strong, including for older chips.