OpenAI Commits Billions to Infrastructure Push
Reports show OpenAI has signed two enormous supply deals: a $300 billion, five-year Oracle cloud contract, starting in 2027, and a $10 billion order with Broadcom for AI chips. Together, they signal unprecedented spending to keep pace with AI demand.

The firm’s valuation stands at $300 billion following a $40 billion raise and is expected to climb to $500 billion after selling $6 billion in stock. With annual revenue around $10 billion, OpenAI projects $60 billion in yearly costs, pushing profitability out to 2029.

Sam Altman plans to scale rapidly, aiming for 1 million GPUs this year and advancing the Stargate program, a $500 billion buildout that includes a massive data center in India. Market reaction was swift: Oracle stock soared 40%, briefly making Larry Ellison the richest man alive, while Broadcom advanced 5%.