OpenAI was the company that signed a $30 billion per year deal with Oracle for data center services, disclosed last month, The Wall Street Journal reported on Monday. Now, OpenAI CEO Sam Altman has confirmed the details of the contract (but not the dollar amount) in an X post on Tuesday and in a company blog post.
To recap, on June 30, Oracle disclosed in an SEC filing that it had signed a cloud deal that would generate $30 billion a year in revenue. However, the company didn’t say who it was with or for what services. The news caused Oracle’s stock to hit an all-time high, making its founder and CTO, Larry Ellison, the second richest person in the world, according to Bloomberg.
Speculation on the identity of the customer ensued as…
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