Report says Oracle delays some data centres for ChatGPT-maker OpenAI, tech giant denies: ‘We have a…’

Oracle posted not-so-good quarterly results that fell short of Wall Street’s revenue expectations. Soon a report by Bloomberg claimed that the tech giant has postponed the completion dates for some of the massive data centres it is developing for artificial intelligence (AI) company OpenAI, pushing back timelines from 2027 to 2028. However, an Oracle spokesperson clarified that there has been no delays in meeting contractual commitments.

“Site selection and delivery timelines were established in close coordination with OpenAI following execution of the agreement and were jointly agreed,” an Oracle spokesperson said in an email to CNBC, in response to a Bloomberg report which claimed delay in construction due to a shortage of labor and materials.