Microsoft Is Winding Down Oracle Deal to Rent AI Cloud Capacity

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(Bloomberg) -- Microsoft Corp. is winding down an arrangement to rent AI computing from Oracle Corp., part of a larger reassessment of billions of dollars in cloud partnerships. Most Read from Bloomberg Rubio Weighs Leaving Administration After GOP's Midterm Loss Morgan Stanley Offers $2.3 Billion Debt for Dell Family Deal Hinojosa Seeks 'Balance' With Musk, Regulations in Blue Texas Democrats Clinch Huge Wins on Inflation Anger, Trump Fatigue S&P 500 Sinks 4% as AI Washout Rattles Wall Street: Markets Wrap In recent months, Microsoft has been turning off rented computing capacity from Oracle after declining to renew the contract, according to people familiar with the matter.