Dec 12 (Reuters) - Oracle denied on Friday a media report that it was delaying OpenAI-related data centers, following investor worries over its debt-fueled AI infrastructure buildout. Bloomberg News had earlier in the day reported that Oracle had pushed back the completion dates for some data centers it is developing for OpenAI to 2028,

Shares in Larry Ellison’s database company fell as much as 16 per cent on Thursday, before trimming its losses to close down 10.8 per cent. The cost to protect against falls in its debt also jumped. The move came as Oracle reported revenues of $16.1bn in the last quarter, up 14 per cent from the previous year but below analysts’ estimates.