The $300B Bet: How Oracle Became AI’s Dark-Horse Supercloud
Inside the $300 Billion Oracle–OpenAI Cloud Deal In September 2025, news broke that OpenAI (the company behind ChatGPT) had agreed to spend an eye-popping $300 billion on cloud computing from Oracle over about five years techcrunch.com. According to The Wall Street Journal’s scoop, OpenAI would start drawing on this capacity in 2027 techcrunch.com. The deal, if confirmed, is historic – on the order of a Pentagon defense contract, but for AI compute – and by far one of the largest cloud commitments ever signed techcrunch.com cio.com. It sent shockwaves through the tech sector and sent Oracle’s stock price skyrocketing over 30% in