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Oracle OpenAI Halt Talks

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Oracle OpenAI Halt Talks

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Benzinga

106 Views • Mar 09, 2026

Description

Oracle and OpenAI scrapped plans to expand their Abilene, Texas Stargate data center after financing talks stalled, with the 600MW expansion moving to another campus. Meta is now considering leasing the site from Crusoe as OpenAI and Oracle still target 4.5GW of total capacity.