OpenAI Oracle Deal

OpenAI signs a record-breaking $300 billion cloud computing contract with Oracle. The agreement, beginning in 2027, will supply OpenAI with massive computing power equivalent to the output of two Hoover Dams, marking a shift away from exclusive reliance on Microsoft. Oracle's shares jumped more than 40 percent on the news, adding $100 billion to chairman Larry Ellison's wealth. The deal underscores how AI's explosive growth is reshaping global infrastructure and concentrating influence among a handful of tech giants.