An AI ‘House of Cards’: Worries of a Bubble Grow After Oracle’s Rally on Open AI Deal

An AI ‘house of cards’: Worries of a bubble grow after Oracle’s rally on Open AI deal

OpenAI needs more than $300 billion in revenue to "justify" its level of spending, one analyst said.

Why the Oracle-OpenAI deal caught Wall Street by surprise

The $300B deal is a reminder that despite Oracle’s legacy status, it shouldn’t be overlooked when it comes to AI infrastructure. But key questions around power and how OpenAI will pay for this remain.

OpenAI, Oracle Strike Landmark Cloud Partnership

Oracle shares soared after hours following news that the company signed several multi-billion-dollar contracts. One of those customers appears to be OpenAI. OpenAI’s $300 Billion Compute Deal According to the Wall Street Journal, OpenAI has agreed to purchase roughly $300 billion worth of compute power from Oracle over the course of five years. The deal would begin in 2027, positioning it as one of the largest cloud contracts ever signed. Oracle…

BLK ALERTS - Why the Oracle-OpenAI deal caught Wall Street by surprise

The $300B deal is a reminder that despite Oracle’s legacy status, it shouldn’t be overlooked when it comes to AI infrastructure. But key questions around power and how OpenAI will pay for this remain.

Openai-oracle, agreement of 300 billion dollars for the IA – The Observatorial

Openai has signed a contract with Oracle by acquistare300 billion dollars di calculation power In about five years, a huge commitment that far exceeds the current startup revenues. The Wall Street Journal reports it exclusively, quoting informed people on the matter. Expenditure for data center in growing The agreement is one of the largestCloud contracts never signed, […]

The AI infrastructure scramble, Oracle's OpenAI bonanza, and the return of IPOs - SiliconANGLE

With its latest earnings — more accurately, its almost unbelievable cloud backlog — Oracle suddenly catapulted itself into the top ranks of hyperscaler cloud providers. One big reason for that backlog: a stunning $300 billion deal to provide OpenAI with compute in that Project Stargate deal over the next five years. As a result of […] The post The AI infrastructure scramble, Oracle’s OpenAI bonanza, and the return of IPOs appeared first on Silic…