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

⁨61⁩ ⁨likes⁩

Submitted ⁨⁨2⁩ ⁨days⁩ ago⁩ by ⁨Amoxtli@thelemmy.club⁩ to ⁨technology@lemmy.world⁩

https://techcrunch.com/2025/07/22/openai-agreed-to-pay-oracle-30b-a-year-for-data-center-services/

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Comments

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  • hellothere@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    Anyone can agree to spend money, the real question is does OpenAI have 30bn a year to spend.

    Me thinks not.

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  • sugar_in_your_tea@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    making its founder and CTO, Larry Ellison, the second richest person in the world

    Ew, I just want him to go away…

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    • AbidanYre@lemmy.world ⁨2⁩ ⁨days⁩ ago

      It’s called One Rich Asshole Called Larry Ellison for a reason

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  • hamsterkill@lemmy.sdf.org ⁨2⁩ ⁨days⁩ ago

    With how expensive AI seems to be, it’s baffling to me how companies expect to turn a profit on it. 30B as a year sounds more like the budget for an entire government scientific agency. And if that’s just for the data services…

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    • Tollana1234567@lemmy.today ⁨1⁩ ⁨day⁩ ago

      microsoft already admitted it doesnt generate profit, so all these companies, including google, is ramming AI into all thier devices and services to recoup the losses.

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      • demunted@lemmy.ml ⁨1⁩ ⁨day⁩ ago

        Even copilot explains that it’s answers are crippled by responding faster with less accuracy to reduce resource usage and there’s nothing the paying customer can do about it.

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        • -> View More Comments
  • gravitas_deficiency@sh.itjust.works ⁨2⁩ ⁨days⁩ ago

    Holy fuck, whatever sales person closed this doesn’t have to work anymore. Nor does their progeny, in perpetuity.

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  • RagingSnarkasm@lemmy.world ⁨2⁩ ⁨days⁩ ago

    “Good news, boys! I found money for one more season of SailGP.”

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  • vane@lemmy.world ⁨1⁩ ⁨day⁩ ago

    We all will pay for it to Larry’s pocket and then he will pay the 3 letter agency for a favor. That’s how Larry is doing business for years.

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  • bigmamoth@lemmy.world ⁨2⁩ ⁨days⁩ ago

    Wtf, it doesn’t make a lot of sens since open ai doesn’t have the monopole of ia anymore. Also the only service they found to sell is literally a chatbot wich no company will find interesting if it cost too much

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