Oracle Corporation has pushed back the completion schedule for several major data centers it is building for OpenAI — now expected in 2028 instead of 2027 — due to labor and material shortages, according to multiple reports citing people familiar with the projects.
The delays affect a portion of Oracle’s data center build-out tied to its strategic AI infrastructure partnership with OpenAI.
Oracle’s stock has fallen sharply on the news, dropping around 5–7% amid broader market concerns.
The timeline shift comes as Oracle plans to support advanced AI training and deployment through a multi-year, ~$300 billion agreement with OpenAI.
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