The $300 billion agreement between oracle and openai, first revealed on september 10, has gone deep into the red Oracle’s $300b deal with openai drove a stock surge, but investors worry both companies could fail to deliver Negative $74 billion to be exact.
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Openai has struck a landmark deal with oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of ai and the growing financial risks around it.
Two months in, the compute megadeal between oracle and openai is a losing proposition for oracle, the financial times reports.
