According to people familiar with the arrangement, Microsoft stopped renewing its artificial intelligence computing capacity contract with Oracle on November 6, citing that the underlying older Nvidia GPUs no longer met its technical requirements. The multiyear agreement, originally announced in November 2023 to support AI-powered Bing searches, is being wound down. Oracle responded that capacity coming up for renewal had been renewed or resold at prices approximately 20% above previous long-term contracts, countering suggestions that older GPUs are losing commercial value.
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