Workflow
Cloud Computing Power
icon
Search documents
Oracle-OpenAI deal concentrates risk as contract hinges on Microsoft talks and Softbank-led raise
CNBC Television· 2025-09-10 20:10
Let's get right to Mackenzie Sagalis in our San Francisco newsroom with the latest. What do we know, Mac. Hey, Sarah.So, we're getting some clarity on Oracle's blowout earnings. The Wall Street Journal reporting that OpenAI has signed a $300 billion deal with Oracle for cloud computing power. That is one of the largest contracts of its kind and a staggering figure that far exceeds OpenAI's current revenue.Now, this is a 5-year agreement that starts in 2027, and it helps explain that surge in future contract ...
OpenAI, Oracle sign $300 billion computing deal
Youtube· 2025-09-10 19:35
Uh, by the way, speaking of cloud and everything else, we got a news alert on Open AI and Oracle of all companies. Let's head back out to McKenzie Sagalos in San Francisco for more. Mac, what can you tell us.So, Dom, we're getting fresh insight into Oracle's blockbuster cloud revenue numbers. The Wall Street Journal is reporting that OpenAI has signed a $300 billion deal with Oracle for cloud computing power, one of the largest such contracts that we've seen. That goes well beyond its current revenue.And th ...