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REMEMBER THAT COMPANY ORACLE DISCLOSED 2 WEEKS AGO THAT WOULD PAY THEM $30B A YEAR STARTING IN 20...
291 days ago•amit•amitisinvesting
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Oracle ($ORCL) is set to receive $30 billion annually from OpenAI starting in 2028 for datacenter services, highlighting the massive AI infrastructure buildout. This substantial commitment, despite OpenAI currently losing money, underscores the aggressive growth expectations in the AI sector. Investors should consider the long-term implications for Oracle's cloud revenue and the continued demand for AI-related hardware from companies like NVIDIA ($NVDA).

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breaking down tech, business, & stocks $PLTR