OpenAI confirmed a $300 billion strategic deal with Oracle, alongside updates on Claude sales and revenue sharing agreements.

1 report, 1 independent Updated 00:00

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What happened

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Who's involved

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Oracle OpenAI

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Oracle and OpenAI are reportedly discussing a potential five-year strategic deal worth over $300 billion, positioning them as major cloud platform providers alongside IBM. All 1 developments

The entities involved

Oracle
company in Madrid, Spain
- McVoy led Medtronic's transition to SAP and will now lead Woodward's global IT organization.14:00
- Oracle is touting a projected $13 billion state economic impact from its operations in Doña Ana County.07:18
OpenAI
American artificial intelligence research organization
- Microsoft is paying OpenAI for AI models and building its own MAI system, while Nvidia maintains high margins in the competitive AI hardware market.15:00
- OpenAI and the Simons Foundation partnered to assess AI-assisted research.12:47

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