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Microsoft is winding down Oracle deal to rent AI cloud capacity, Bloomberg News reports

Reuters

Nov ‌6 (Reuters) - Microsoft is ​winding ‌down an ‌arrangement to ‌rent AI computing from Oracle ⁠as ‌part of a ⁠larger reassessment ​of billions of ​dollars ​in ‌cloud partnerships, ​Bloomberg ⁠news ‌reported on ​Friday, ​citing people familiar with the ‌matter.

(Reporting by ‌Anzar Mehraj ​in Bengaluru; Editing by ‌Joyjeet Das)