OpenAI agreed to pay Oracle $30B a year for data center services

In a landmark agreement, OpenAI has reportedly agreed to pay Oracle a staggering $30 billion per year for the tech giant's data center services. This deal, which was previously disclosed by Oracle, now confirms that the artificial intelligence research company OpenAI is the customer behind the massive contract. The partnership between OpenAI and Oracle is seen as a significant move, as OpenAI seeks to scale its operations and expand its cloud computing capabilities to support the development of increasingly sophisticated AI models. The substantial investment highlights the growing demand for reliable and powerful data infrastructure to drive advancements in artificial intelligence. While the specific details of the agreement have not been made public, the sheer scale of the deal underscores the importance that OpenAI places on securing access to high-performance computing resources as it continues to push the boundaries of AI technology.
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