Openai and Oracle “Five Five years signed an agreement to buy a computing power of $ 300 billion in nearly five years,” cloud computing the biggest contract so far, Wall Street Journal.
In July, the two companies revealed their contribution to the construction of 4.5 GW of power data centers as part of the wider Star Gate project, which they announced with the Soft Bank and President Trump, without saying how much the Open plans have to pay for the data centers. According to the report, the Openi contract will begin in 2027.
Reporting quarter income on Tuesday, Oracle CEO Safra Katez announced that three unidentified companies had signed “$ 4 multi -billion dollars contracts” in Q1, part of the trend that it said, this year, Oracle’s cloud infrastructure increased by 77 %. Overall, the company said that in Q1, it increased the income of the future contract by more than $ 317 billion, which has a large dollar, which has sent the share prices to the highest place in the list of the richest man in the world.
