AI Market Movers · Cloud platforms
Oracle
ORCL
Oracle became the other cloud in this cycle: Stargate-scale capacity and a late, expensive rush into GPUs for customers who were already on Oracle anyway.
- Site
- oracle.com
- Who
- Safra Catz, CEO
Market reaction
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On X
Microsoft is winding down an arrangement to rent AI computing from Oracle, part of a larger reassessment of billions of dollars in cloud partnerships
— Bloomberg (@business) Nov 6, 2026
Sources: Microsoft has been turning off rented computing capacity from Oracle after declining to renew a 2023 deal, because the hardware used older Nvidia chips (@brodyford_ / Bloomberg) (Visit Techmeme dot com for the link and full context!)
— Techmeme (@Techmeme) Nov 6, 2026
Latest news
Reuters
Microsoft winds down Oracle AI cloud rental deal over older Nvidia chipsMicrosoft has been switching off computing capacity it rented from Oracle after declining to renew a 2023 deal that powered AI features in Bing, Bloomberg reported, as part of a…
Financial Times
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CNBC
Oracle brings ChatGPT and Codex into its apps, adds Google TPUs and OpenAI's chip to its cloudAt Oracle AI World, Oracle expanded its OpenAI partnership, building ChatGPT, OpenAI models and Codex into its applications through new offerings including Oracle AI Workspace, AI…
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