OpenAI signed a contract to purchase $300 billion in computing power over roughly five years from Oracle ORCL 35.05%, people familiar with the matter said, a massive commitment that far outstrips the startup’s current revenue.
The deal is one of the largest cloud contracts ever signed, reflecting how spending on AI data centers is hitting new highs despite mounting concerns over a potential bubble. It will require 4.5 gigawatts of capacity, roughly comparable to the power produced by more than two Hoover Dams or the amount consumed by about four million homes.
So the vast majority of Oracle's revenue projection comes from this OpenAI contract
Oracle, OpenAI Sign Massive $300 Billion Cloud Computing Deal
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WITH WHAT MONEY