Oracle CEO: OpenAI has the capability to bear an annual cost of 60 billion USD for cloud infrastructure services.

Jin10 data reported on October 14, according to CNBC, Oracle (ORCL.N) CEO Clay Magouyrk expressed confidence in OpenAI, believing that OpenAI is capable of covering the substantial costs of the cloud infrastructure services it consumes. During an interview at the Oracle AI World Conference held on Monday, Magouyrk stated that OpenAI "certainly" can afford to pay $60 billion for a year's worth of cloud resources. In July of this year, OpenAI reached a five-year agreement worth over $300 billion with Oracle. Magouyrk said: "Look at their rise, you know, almost a billion users. This is unprecedented."

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)