OpenAI and Oracle reportedly ink historic cloud computing deal

Oracle sent his shares closed after the markets yesterday After reporting That it has signed multiple contracts with multiple billions of dollars with different customers. Now we have an idea of ​​who those customers can be.

Oracle signed a deal with OpenAI for the AI ​​company to buy $ 300 billion in computing power over a period of about five years, according to Notification from the Wall Street Journal. OpenAi would buy in 2027.

If the WSJ report is correct, this would be one of the biggest cloud contracts that have ever been signed. Oracle refused to comment. OpenAi did not respond to a request for confirmation or comment.

Oracle is no stranger to work with OpenAi. OpenAi started tapping Oracle for Compute In the summer of 2024. The AI ​​Giant also moved further away from the exclusive use of Microsoft Azure as the only cloud provider in January.

This step away from Microsoft was timed with the involvement of OpenAI in the Stargate project, in which OpenAI, Softbank and Oracle have promised to invest $ 500 billion in domestic data center projects in the next four years.

OpenAi clearly needs as many calculations as possible if it can get. The company reportedly signed a cloud agreement with Google, According to ReutersThis spring, despite the fact that the two companies are racing against each other for AI -supremation.