Oracle and OpenAI Cancel Texas Data Centre Expansion; Meta Explores Leasing Site

Oracle and OpenAI have abandoned plans to expand their Stargate artificial intelligence data centre in Abilene, Texas, due to financing issues and OpenAI's evolving needs. The planned 600-megawatt expansion will be fulfilled at other campuses. This development opened an opportunity for Meta Platforms to consider leasing the Abilene expansion site from developer Crusoe, with Nvidia facilitating discussions. Oracle and OpenAI continue with plans for additional data centre capacity elsewhere.