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OpenAI agreed to pay Oracle $30B a year for data center services
OpenAI was customer that signed the huge deal that Oracle disclosed last month.
OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. The news caused Oracle’s stock to hit an all-time high, making its founder and CTO, Larry Ellison, the second richest person in the world, according to Bloomberg. Speculation on the identity of the customer ensued as people wondered what company could possibly need a fresh $30 billion a year in data center services.
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