a really big deal for Oracle, and OpenAI
but who is paying this bill?
It certainly is not Microsoft.
OpenAI agreed to pay Oracle $30B a year for data center services | TechCrunch
"Oracle collectively sold $24.5 billion worth of cloud services in its fiscal 2025 to all customers combined,
OpenAI has now explained that this Oracle deal is for 4.5 gigawatts of capacity as part of Stargate, the $500 billion data-center-building project OpenAI, Oracle, and SoftBank announced in January. (Apparently, the $30 billion deal does not involve SoftBank.)
The WSJ reports 4.5 gigawatts is the equivalent of two Hoover Dams, enough power for about four million homes."
OpenAI agreed to pay Oracle $30B a year for data center services | TechCrunch
"Oracle collectively sold $24.5 billion worth of cloud services in its fiscal 2025 to all customers combined,
OpenAI has now explained that this Oracle deal is for 4.5 gigawatts of capacity as part of Stargate, the $500 billion data-center-building project OpenAI, Oracle, and SoftBank announced in January. (Apparently, the $30 billion deal does not involve SoftBank.)
The WSJ reports 4.5 gigawatts is the equivalent of two Hoover Dams, enough power for about four million homes."
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