financetom
Business
financetom
/
Business
/
Update: Market Chatter: OpenAI Signs Deal to Buy $300 Billion in Computing Power From Oracle
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: Market Chatter: OpenAI Signs Deal to Buy $300 Billion in Computing Power From Oracle
Sep 11, 2025 6:22 AM

09:02 AM EDT, 09/11/2025 (MT Newswires) -- (Updates with Oracle's response in the second paragraph.)

OpenAI signed a deal with Oracle (ORCL) to purchase $300 billion of its computing power over a period of about five years, The Wall Street Journal reported Wednesday, citing people familiar with the matter.

Oracle decline to comment, while OpenAI did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Quanta Services Insider Sold Shares Worth $34,086,666, According to a Recent SEC Filing
Quanta Services Insider Sold Shares Worth $34,086,666, According to a Recent SEC Filing
Aug 19, 2024
03:21 AM EDT, 08/19/2024 (MT Newswires) -- Earl C. Austin Jr., Director, President and Chief Executive Officer, on August 14, 2024, sold 130,000 shares in Quanta Services ( PWR ) for $34,086,666. Following the Form 4 filing with the SEC, Austin has control over a total of 613,402 shares of the company, with 593,402 shares held directly and 20,000 controlled...
Enlight Renewable Energy Launches Commercial Operations at Hungary Solar Plant
Enlight Renewable Energy Launches Commercial Operations at Hungary Solar Plant
Aug 19, 2024
03:21 AM EDT, 08/19/2024 (MT Newswires) -- Enlight Renewable Energy ( ENLT ) said Sunday it has begun commercial operations at the 60-megawatt, $48 million Tapolca solar power project in Hungary. Enlight said the project began sales of electricity on July 31. The plant, which Enlight said is its fifth project in Hungary, brings the firm's total power generation capacity...
Thailand's Ratanarak Group takes control of Siam City by buying  Jardine Cycle's stake
Thailand's Ratanarak Group takes control of Siam City by buying Jardine Cycle's stake
Aug 19, 2024
* Ratanarak Group buys Jardine Cycle's 25.5% stake * Siam City shares jump 9% * Jardine shares hit highest since late June * Offer at 11.5% premium (Updates with share price reaction, Jardine comments; price premium and analyst view) By Rishav Chatterjee Aug 19 (Reuters) - Thailand's Ratanarak Group now has a controlling stake in Siam City Cement after buying...
Churchill Capital Corp VII, CorpAcq Holdings Abandon Business Combination Agreement
Churchill Capital Corp VII, CorpAcq Holdings Abandon Business Combination Agreement
Aug 19, 2024
03:39 AM EDT, 08/19/2024 (MT Newswires) -- Churchill Capital Corp VII ( CVII ) , a blank-check company, and CorpAcq Holdings said Sunday they have agreed to end their business combination agreement. The two companies attributed the termination of their attempt to take CorpAcq public to market conditions, which Churchill Chairman and Chief Executive Michael S. Klein described as not...
Copyright 2023-2026 - www.financetom.com All Rights Reserved