I had thought OpenAI might survive this bubble, but it sounds like a monster crash coming up. How the hell can they ever make enough to see a profit?!
OpenAI reportedly on the hook for $300B Oracle Cloud bill
Submitted 1 day ago by PhilipTheBucket@piefed.social to technology@lemmy.zip
https://go.theregister.com/feed/www.theregister.com/2025/09/11/openai_reportedly_on_the_hook/
Comments
shalafi@lemmy.world 1 day ago
Damage@feddit.it 1 day ago
According to Wikipedia, Oracle Corp. has 57billion yearly revenue, this is 300billion over 5 year, meaning it would more than double their revenue? Is that plausible?
eRac@lemmings.world 1 day ago
According to the article, Oracle made $18b from cloud services this year. They are projecting that to grow to $130b in the next five years, with half that growth being this deal.
Absurd.
Damage@feddit.it 19 hours ago
Let’s hope this hurts them bad. Oracle is evil.
vane@lemmy.world 1 day ago
Did they pay for anything, or they just fund everything from donations ?
Marshezezz@lemmy.blahaj.zone 1 day ago
I bet they’ll get it to where the US taxpayers subsidize it all
PhilipTheBucket@piefed.social 1 day ago
It's already happening. HHS has OpenAI for everyone who works there, and as of now they're required to use it.
BigDanishGuy@sh.itjust.works 1 day ago
Chatgpt create a script to run random AI prompts every 20seconds.
13igTyme@piefed.social 1 day ago
How can you be required to use it?
Marshezezz@lemmy.blahaj.zone 1 day ago
Welp here’s my lack of surprise