Oracle denies report on OpenAI data center delays

Group 1 - Oracle has delayed the completion dates for some data centers for OpenAI from 2027 to 2028, causing a nearly 5% drop in its shares [1][2] - The delays are attributed to labor and material shortages, impacting Oracle's position in the AI infrastructure market [2] - Oracle's shares have been declining since its earnings report, which indicated a $15 billion increase in expected capital expenditures for fiscal 2026 compared to previous estimates [3] Group 2 - The company has entered the AI infrastructure race this year, significantly influenced by a $300 billion deal with OpenAI [2] - Concerns have arisen regarding Oracle's debt-fueled expansion in the AI sector, contributing to investor apprehension [3]