OpenAI confirmed as Oracle’s US$30bn cloud client, fueling stock surge ...Middle East

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OpenAI confirmed as Oracle’s US$30bn cloud client, fueling stock surge

OpenAI has been revealed as the client behind Oracle’s massive $30 billion-per-year cloud deal, initially disclosed in an SEC filing last month without naming the customer.

OpenAI CEO Sam Altman confirmed the partnership—though not the dollar amount—via social media and a company blog. announcement helped propel Oracle’s stock to record highs This article was written by Eamonn Sheridan at investinglive.com.

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