{"id":996770,"date":"2026-03-07T08:14:14","date_gmt":"2026-03-07T02:44:14","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=996770"},"modified":"2026-03-07T08:42:33","modified_gmt":"2026-03-07T03:12:33","slug":"oracle-and-openai-drop-texas-data-centre-expansion-plan-bloomberg","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/07\/oracle-and-openai-drop-texas-data-centre-expansion-plan-bloomberg\/","title":{"rendered":"Oracle and OpenAI drop Texas data centre expansion plan: Bloomberg"},"content":{"rendered":"<p>Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data centre in Texas after negotiations dragged over financing and OpenAI&#8217;s changing needs, Bloomberg News reported on Friday, citing people familiar with the matter. <\/p>\n<p>The plan is part of the Stargate initiative, a project of \u200cup to $500 billion \u2060and 10 \u2060gigawatts that includes SoftBank Group , OpenAI and Oracle. It was announced by U.S. President Donald Trump in January 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data centre in Texas after negotiations dragged over financing and OpenAI&#8217;s changing needs, Bloomberg News reported on Friday, citing people familiar with the matter. The plan is part of the Stargate initiative, a project of \u200cup to $500 billion \u2060and 10 \u2060gigawatts that includes SoftBank Group , OpenAI and Oracle. It was announced by U.S. President Donald Trump in January 2025.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-996770","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996770","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=996770"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996770\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=996770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=996770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=996770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}