OpenAI and Oracle Sign Major Cloud Computing Agreement

Reported about 12 hours ago

OpenAI has reportedly signed a historic deal with Oracle to purchase $300 billion worth of computing power over the next five years, which, if confirmed, would mark one of the largest cloud contracts in history. This partnership follows OpenAI's previous collaborations with Oracle and a shift from reliance on Microsoft Azure. Oracle's shares surged after the announcement, highlighting the increasing competition in the AI market.

Source: YAHOO

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