Financial viability
-
OpenAI’s Potential $60 Billion Annual Payout: A Realistic Scenario?
Oracle CEO Clay Magouyrk expressed confidence in OpenAI’s ability to afford its cloud infrastructure, citing its rapid user growth. This follows OpenAI’s $300B+ agreement with Oracle. Oracle is integrating OpenAI models into healthcare solutions, leveraging its Cerner acquisition. OpenAI, with 800 million weekly ChatGPT users, also partners with Broadcom for custom AI processors. While acknowledging power challenges, Oracle anticipates meeting the energy demands of AI expansion. The positive news led to a 5% rise in Oracle shares.
