OpenAI Expands AI Infrastructure With Record Deals
OpenAI has inked a $300 billion cloud contract with Oracle and a $10 billion custom chip deal with Broadcom, underscoring the unprecedented capital required to scale generative AI. The Oracle deal, set to begin in 2027, is among the largest tech contracts ever signed.

After raising $40 billion, OpenAI is valued at $300 billion, with plans to climb to $500 billion after a $6 billion stock sale. Despite $10 billion in revenue, the company projects $60 billion in annual losses, with profitability not expected before 2029.Sam Altman’s roadmap calls for 1 million GPUs online by year-end and continued investment in Stargate, a $500 billion project anchored by a massive Indian data center. Markets reacted positively: Oracle stock soared 40%, while Broadcom gained 5% on confirmation of the partnership.