This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the ma… [+4429 chars]
Why the Oracle-OpenAI deal caught Wall Street by surprise - TechCrunch
The $300B deal is a reminder that despite Oracle’s legacy status, it shouldn’t be overlooked when it comes to AI infrastructure. But key questions around power and how OpenAI will pay for this remain.
By:Tim De Chant, Rebecca Szkutak
Source:TechCrunch
Published:
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