Indian Entrepreneur@indianentrepreneurMicrosoft is winding down its AI computing partnership with Oracle, choosing not to renew a 2023 deal and gradually switching off rented servers. The machines run on older Nvidia chips that no longer match its needs.
Oracle is already under strain, with heavy AI data center spending pushing free cash flow negative and its share price down more than 50% from a June high. Its shares slipped about 3% on the news.
Oracle says demand for its AI infrastructure, even on older hardware, remains strong.
