oracle sent his shares The markets that the markets closed yesterday After reporting that it signed several multi-billion dollars contracts with several customers. Now we’ve got an idea of ​​who might be these customers.
Oracle signed a contract with Openai for the AI ​​company to amass computing power price 300 billion US dollars over a period of about five years. Reporting from Wall Street Journal. Openai would buy this calculation in 2027.
If the WSJ reporting is correct, this is able to be certainly one of the biggest cloud contracts which have ever been signed. Oracle rejected an announcement. Openai didn’t answer a confirmation or a comment application.
Oracle is not any stranger to work with Openai. Openai taped Oracle for the calculation In the summer of 2024. The KI giant continued to maneuver from the exclusive use of Microsoft Azure because the only cloud provider in January.
This deduction from Microsoft was coordinated with Openais participation within the Stargate project, wherein Openai, Softbank and Oracle will invest 500 billion US dollars in projects for domestic data center in the subsequent 4 years.
Openai clearly needs as much calculation as possible. According to reports, the corporate has signed a cloud take care of Google. According to ReutersThis spring despite the proven fact that the 2 firms run against one another due to AI initiative.
