Investing.com -- Oracle Corporation (NYSE: ORCL) shares fell 1% in Friday’s final trading hour after Bloomberg reported the company and OpenAI ended plans to expand their Texas data center site.

The stock had been trading up as much as 3% earlier in the session before the news emerged. After erasing gains and falling 1%, shares later stabilized.

Oracle and OpenAI scrapped plans to expand a flagship artificial intelligence data center in Abilene, Texas, after negotiations dragged over financing and OpenAI’s changing needs, according to Bloomberg. The collapsed talks created an opening for Meta Platforms Inc. (NASDAQ: META) to step in and consider leasing the planned expansion site from developer Crusoe.

Nvidia Corp. (NASDAQ: NVDA), the AI chipmaker, helped facilitate Meta’s discussions with the developer, Bloomberg reported. Nvidia paid a $150 million deposit to Crusoe and began helping court Meta as a tenant for the expansion, according to the report.

The 1,000-acre campus being developed by Crusoe in Abilene is part of the Stargate project, which was announced at the White House with President Donald Trump. While several parts of the site are up and running, Oracle and OpenAI elected not to go forward with tentative plans to lease a large expansion.

Oracle and OpenAI are using Nvidia’s AI semiconductors at the Stargate site. With Crusoe seeking a tenant, Nvidia became involved to ensure its products would still fill the expanded data center rather than those of rival Advanced Micro Devices Inc. (NASDAQ: AMD).