Oracle(US:ORCL) CNBCยท2025-10-13 17:42Group 1 - Oracle CEO Clay Magouyrk expressed confidence that OpenAI can afford $60 billion annually for cloud services, following a five-year deal worth over $300 billion with Oracle [1][2] - OpenAI's ChatGPT has reached 800 million weekly active users, showcasing unprecedented growth since its launch less than three years ago [2] - Oracle is integrating OpenAI's AI models into a patient portal for electronic health records, following its acquisition of Cerner for approximately $28 billion [3] Group 2 - OpenAI utilizes Nvidia graphics chips through Oracle and other partners, while also developing a custom AI processor with Broadcom, which will deploy 10 gigawatts of new chips [4] - Oracle's stock rose nearly 6% on Monday, with an overall gain of 86% this year, bringing its market capitalization close to $900 billion [5]