OpenAI has reportedly agreed to pay Oracle $30 billion annually for data center services, marking a significant partnership between the two companies. This deal is expected to enhance OpenAI's infrastructure capabilities while providing Oracle with a substantial revenue boost.
Oracle's co-CEOs, Mike Sicilia and Clay Magouyrk, are advocating for the company's significant investment in new data centers, which they claim will enhance AI capabilities for businesses. They emphasize the provision of applied AI through infrastructure, analytics, and applications.