PYMNTS.com September 17, 2025
Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest technology contracts on record.
According to The Wall Street Journal, the five-year deal secures vast amounts of computing power and requires 4.5 gigawatts of electricity, roughly equal to what 4 million U.S. homes consume.
The size of the contract reflects how artificial intelligence (AI) is shifting into a new stage. The industry is no longer centered only on model releases or consumer apps, but on long-term commitments to the infrastructure needed to support them.
One way to read this agreement is as a move to secure access ahead of shortages. Demand for advanced chips and data-center space continues to exceed supply....
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