Oracle expanded its collaboration with OpenAI to bring ChatGPT and Codex into its applications so databases are easier to act on, and it is making Google's TPU chips and OpenAI's Jalapeño chip available on Oracle Cloud Infrastructure. Cerebras will also run on the cloud, with Cerebras shares up about 8% and Oracle shares up nearly 5% on Tuesday. Oracle said it has 30-40 data center projects in development per quarter and maintains that the Project Jupiter site in New Mexico is on schedule despite local pushback, with an air quality permitting hearing set for Dec. 7 in Sunland Park. Oracle shares are down more than 30% this year over concerns about financing its AI infrastructure pipeline, and investors are looking to its investor day for clarity on fiscal year 2030 revenue targets and cloud deal margins.
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