OpenAi spooky spending a lot of technology. Oracle is the latest example

OracleHistorical stocks this week celebrated the last chapter in the story of one private company that dominated the technological scene for about three years: Openai.

In the Oracle explosion Profit reportOpenai was a major incentive due to a huge amount of money, expecting to start the AI ​​spending on cloud computing technology in the coming years.

It has become a familiar topic.

A week ago, Broadcom The shares have emerged almost 10 % after the chips and software maker said they were forged a A 10 billion dollar deal To build dedicated processors for the customer, analysts said it is Openai.

Among the Megacapps Technology, Microsoft He has the closest link to Openai, after he invested more than $ 13 billion in the company and held the position of its main cloud partner for six years. Nafidia MARCH is closely related to the world’s most valuable company, where GPUs (GPUS) sits at the heart of developing the large language model and is necessary to operate the burden of the great work of Amnesty International.

Those four companies alone – Oracle, Broadcom, Microsoft and NVIDIA – have witnessed their shared market covers with more than $ 4.5 trillion since Openai in public opinion exploded with the launch of Chatgpt in late 2022. And these gains are a great reason for the reason for the occurrence of Nasdak and S&P 500, with the closure of both Belchkss. Register on Friday.

The huge effect of Openai has some understandable market experts. He is still a young person burning money governed by one other than the two parents.

The company’s evaluation is supported at a value of $ 500 billion by a few investors who are betting that Openai will prevail in the face of huge competition such as the likes Dead and Google In addition to the new highly value arrivals such as humans and any number of players outside China.

“While we love ChatGPT, Openai is still unlimited to profit in his ability to collect capital,” said Louori’s generation, an analyst at Da Davidson, in an interview with CNBC.

Loria, who recommends that Oracle shares keep the company’s numbers, where the stock was in the midst of a 36 % jumping On Wednesday, its largest gain since 1992.

In her quarterly profit report on Tuesday, Oracle said it had signed four billions of dollars with three different clients during this period. He was one of these with Openai, who He said Previously, I agreed to develop 4.5 Gigawatts of the American Data Center capacity with Oracle.

Investors knew, based on a Submission with the Supreme Education Council In June, Oracle signed a $ 30 billion cloud contract with a company whose name was not determined to start within two years. CNBC A confirmed Wall Street Journal report From Wednesday, Openai agreed to spend $ 300 billion in computer energy over about five years, starting in 2027.

In the two days traders after the historical shares of Oracle declined, as more than 6 % fell on Thursday and another 5 % on Friday, as other investors began to share Lorean concerns.

The new revelation on the huge cloud commitment from Openai provided a clearer feeling of the expanding Oracle accumulation. Oracle said that the performance obligations, a measure of contracted revenue, have not yet been recognized, increased by 359 % from the previous year to 455 billion dollars.

Loror said that the concentration of Oracle accumulation with one customer “greatly reduces” enthusiasm, especially if “more than 90 % came from Openai.”

Oracle did not respond to the comment.

Openai has made great obligations with many cloud service providers, including Coruv and GoogleAccording to what was reported, you plan to put 19 billion dollars towards Stargateproject President Donald Trump It was announced in January to enhance Amnesty International Infrastructure Investment in the United States is a joint venture between Openai and Oracle and SoftbankSeparately leading a planned investment of $ 40 billion in Openai.

Loror said that the ready -made meals are that “Sam Al -Taman has turmoil to sign very large checks without the need to worry about whether this money can be disbursed.”

Openai refused to comment.

While Openai will lose money in the foreseeable future, the company expects the growth of revenues to continue at a outside pace. after It is 10 billion dollars In repeated annual revenue in June, Obrae reaches reaching $ 125 billion by 2029.

On Thursday, Openai happened Step closer To make the formal nature to move to a profit entity. The company said that the non -profit father will continue to oversee business and will have a share share of more than $ 100 billion, as the commercial entity becomes a company with general advantages.

Openai needs to restructure by the end of the year in order to secure $ 40 billion from the last financing round.

For Oracle, the huge increase in Openai’s spending fell to the company at a trillion dollars, which currently includes eight technical peers. The Oracle market ceiling rose to about $ 930 billion on Wednesday before fell to 830 billion dollars to close the week.

“Money MOVERS” told CNBC that he is still skeptical of Oracle horizons in artificial intelligence. The company has spent years trying to play annex in the cloud infrastructure, where it tracks Amazon, Microsoft and Google.

Dieter said that Oracle is still “excessive B” without meaningful sites in the AI ​​program or chips.

“Two days ago, we all thought that Oracle was not anywhere in artificial intelligence,” Dieter said, following the profit report. “They announce this huge round, and people believe that they are the following great pancakes-and I don’t buy this part.”

He watches: Peron Dieter on Adobe and Oracle