{"id":133678,"date":"2025-09-10T21:10:07","date_gmt":"2025-09-10T21:10:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/133678\/"},"modified":"2025-09-10T21:10:07","modified_gmt":"2025-09-10T21:10:07","slug":"openai-and-oracle-reportedly-ink-historic-cloud-computing-deal","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/133678\/","title":{"rendered":"OpenAI and Oracle reportedly ink historic cloud computing deal"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">Oracle <a href=\"https:\/\/finance.yahoo.com\/video\/oracle-stock-jumps-outlook-despite-203521644.html\" rel=\"nofollow noopener\" target=\"_blank\">sent its shares<\/a> soaring after markets closed yesterday <a rel=\"nofollow noopener\" href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1341439\/000119312525199175\/orcl-ex99_1.htm\" target=\"_blank\">after reporting<\/a> that it signed multiple multi-billion-dollar contracts with several customers. Now, we have an idea of who those customers might be.<\/p>\n<p class=\"wp-block-paragraph\">Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five years, according to <a rel=\"nofollow noopener\" href=\"https:\/\/www.wsj.com\/business\/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe?mod=e2twd\" target=\"_blank\">reporting from the Wall Street Journal<\/a>. OpenAI would start purchasing this compute in 2027.<\/p>\n<p class=\"wp-block-paragraph\">If the WSJ\u2019s reporting is correct, this would be one of the largest cloud contracts ever signed. Oracle declined to comment. OpenAI did not respond to a request for confirmation or comment.<\/p>\n<p class=\"wp-block-paragraph\">Oracle is no stranger to working with OpenAI. <a rel=\"nofollow noopener\" href=\"https:\/\/www.theverge.com\/2024\/6\/12\/24177188\/openai-oracle-ai-chips-microsoft\" target=\"_blank\">OpenAI started tapping Oracle for compute<\/a> in the summer of 2024. The AI giant also moved further away from exclusively using <a href=\"https:\/\/techcrunch.com\/2025\/01\/21\/microsoft-is-no-longer-openais-exclusive-cloud-provider\/\" rel=\"nofollow noopener\" target=\"_blank\">Microsoft Azure as its only cloud provider<\/a> in January.<\/p>\n<p class=\"wp-block-paragraph\">This move away from Microsoft was timed with OpenAI\u2019s involvement with the <a href=\"https:\/\/techcrunch.com\/2025\/01\/21\/openai-teams-up-with-softbank-and-oracle-on-50b-data-center-project\/\" rel=\"nofollow noopener\" target=\"_blank\">Stargate Project<\/a>, in which OpenAI, SoftBank, and Oracle have committed to invest $500 billion into domestic data center projects over the next four years.<\/p>\n<p class=\"wp-block-paragraph\">OpenAI clearly needs as much compute as it can get. The company reportedly signed a cloud deal with Google, <a rel=\"nofollow noopener\" href=\"https:\/\/www.reuters.com\/business\/retail-consumer\/openai-taps-google-unprecedented-cloud-deal-despite-ai-rivalry-sources-say-2025-06-10\/#:~:text=%22The%20deal%20...,providers%2C%20Reuters%20reported%20in%20February.\" target=\"_blank\">according to Reuters<\/a>, this spring despite the fact that the two companies are racing against each other for AI supremacy.<\/p>\n","protected":false},"excerpt":{"rendered":"Oracle sent its shares soaring after markets closed yesterday after reporting that it signed multiple multi-billion-dollar contracts with&hellip;\n","protected":false},"author":2,"featured_media":133679,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[256,254,64,63,281,92398,257,5044,49276,105],"class_list":{"0":"post-133678","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-computing","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-au","11":"tag-australia","12":"tag-cloud","13":"tag-cloud-compute","14":"tag-computing","15":"tag-openai","16":"tag-oracle","17":"tag-technology"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/133678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=133678"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/133678\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/133679"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=133678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=133678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=133678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}