Opeli and Oracle signed a contract “for the purchase of $ 300 billion in computational power in about five years”, one of the largest cloud processing offers in history, Reports . Wall Street Journal.
In July, both companies revealed their partnership in the construction of data centers worth 4.5 power gigawatts as part of a wider Stargate project, which they announced with Softbank and President Trump, without explaining how much Opennai planned to pay for the data center. According to the report, the OpenAI agreement will start in 2027.
During reporting Quarterly earnings On Tuesday, Safra Catz, general director of Oracle, announced that three unnamed companies signed “four agreements worth many billion dollars” in the first quarter, which is a trend, which according to her increases the revenues from infrastructure in the Oracle cloud by 77 percent this year. In general, the company stated that in the first quarter it added over $ 317 billion in future contract revenues, which is a huge amount in dollars Share prices are rising and chairman Larry Ellison in the highest place in the list of the richest people in the world.