Oracle, OpenAI Strike $300B Cloud Agreement for AI Infrastructure  - EUROPE SAYS

Oracle, OpenAI Strike $300B Cloud Agreement for AI Infrastructure  - EUROPE SAYS

Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest technology contracts on record.

Oracle and OpenAI Strike $300 Billion Cloud Agreement for AI Infrastructure

Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest technology contracts on record. According to The Wall Street Journal, the five-year deal secures vast amounts of computing power and requires 4.5 gigawatts of electricity, roughly equal to what 4 million U.S. homes consume. The size of the contract reflects how artificial intelligence (AI) is shifting into a new stage. The indus…