{"id":217158,"date":"2025-09-11T03:20:14","date_gmt":"2025-09-11T03:20:14","guid":{"rendered":"https:\/\/www.europesays.com\/us\/217158\/"},"modified":"2025-09-11T03:20:14","modified_gmt":"2025-09-11T03:20:14","slug":"openai-reportedly-signs-300-billion-cloud-deal-with-oracle","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/217158\/","title":{"rendered":"OpenAI reportedly signs $300 billion cloud deal with Oracle"},"content":{"rendered":"<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">OpenAI and Oracle signed a deal \u201cto purchase $300 billion in computing power over roughly five years,\u201d one of the largest cloud computing deals ever, <a href=\"https:\/\/www.wsj.com\/business\/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe?mod=e2twd\" target=\"_blank\" rel=\"noopener\">reports<\/a> the Wall Street Journal.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">In July, the two companies revealed their partnership to build data centers worth 4.5 gigawatts of power as part of the broader <a href=\"https:\/\/www.theverge.com\/2025\/1\/21\/24348816\/openai-softbank-ai-data-center-stargate-project\" target=\"_blank\" rel=\"noopener\">Stargate<\/a> project they announced with Softbank and President Trump, without explaining how much OpenAI planned to pay for the datacenters. OpenAI\u2019s contract will begin in 2027, according to the report.<\/p>\n<p class=\"duet--article--dangerously-set-cms-markup duet--article--standard-paragraph _1ymtmqpi _17nnmdy1 _17nnmdy0 _1xwtict1\">While reporting <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1341439\/000119312525199175\/orcl-ex99_1.htm\" target=\"_blank\" rel=\"noopener\">quarterly earnings<\/a> on Tuesday, Oracle CEO Safra Catz announced that three unnamed companies had signed \u201cfour multi-billion-dollar contracts\u201d in Q1, part of a trend that she said is increasing Oracle\u2019s cloud infrastructure revenue by 77 percent this year. Overall, the company said that in Q1 it added more than $317 billion in future contract revenue, a massive dollar amount that sent <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-09-09\/oracle-posts-strong-bookings-following-openai-cloud-deal\" target=\"_blank\" rel=\"noopener\">share prices soaring<\/a> and Chairman Larry Ellison to the top spot of the <a href=\"https:\/\/www.theverge.com\/news\/775763\/larry-ellison-oracle-elon-musk-richest-person\" target=\"_blank\" rel=\"noopener\">world\u2019s richest person list<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"OpenAI and Oracle signed a deal \u201cto purchase $300 billion in computing power over roughly five years,\u201d one&hellip;\n","protected":false},"author":3,"featured_media":217159,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[691,738,50,305,242,158,67,132,68],"class_list":{"0":"post-217158","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-news","11":"tag-openai","12":"tag-tech","13":"tag-technology","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115183512614599400","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/217158","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=217158"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/217158\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/217159"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=217158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=217158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=217158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}