Oracle, OpenAI Sign $300B Cloud Deal; Most of Oracle’s new revenue will stem from its OpenAI deal, sources say
https://www.wsj.com/business/openai-oracle-sign-300-billion-computing-deal-among-biggest-in-history-ff27c8fe?mod=hp_lead_pos1
Posted by Outside-Iron-8242
15 Comments
Sam pulls money from his ghey ass? His company has raised around $60B only, and it is hoping for $500B valuation
Oracle is the lucky boy this time
just tell me what and when to buy
Sam: i’ll gladly pay you Tuesday for a GPU today
Mhm. $12Bn revenue and massive losses signing a contract for $300Bn.
Sure.
“we’re good for the 300b even though we have no real path to profit and no moat”.
Conversion rates to paid customers is extremely low, and the people who do pay don’t see it any better than any other model.
LOL. Short this shit show. OpenAI can’t afford this.
Oracle’s forecast is bullshit. Can’t wait to see the lawsuits form this over the next few years.
Wait, wait wait, all this increase in contracts comes not from byperscalers but from OpenAi? Then who said it is coming from Microsoft, Google and etc??
Tell me when we all gonna jump on the Put wagon. The stock price is gonna come way down.
With open AIs new chips?
still vapor huh, how chatgpt gunna turn profit i wonder 😉
Asking ChatGPT to extrapolate the quarterly revenue of OpenAI, …. The projected Q2, 2027 quarterly revenue is $6.3 billion dollars. So good luck with that $300 billion RPO.
The company that loses $12+ Billion a year? Sure, this is totally not a house of cards.
So Open AI deal with Google was just a smokescreen no where as big as this oracle deal. Google got played bigly.
Love all the companies that sell to each other in a daisy chain so that they can each claim billions of dollars in AI revenue