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Thomas Fricke (he/him)
@thomasfricke@23.social  ·  activity timestamp 3 months ago

OpenAI agreed to pay Oracle $30B a year for data center services

https://techcrunch.com/2025/07/22/openai-agreed-to-pay-oracle-30b-a-year-for-data-center-services/

"Last month, Altman said that OpenAI recently hit $10 billion in annual recurring revenue, up from around $5.5 billion last year. This single commitment to Oracle is already triple per year what it is currently bringing in and doesn’t include all of the company’s other expenses, including its current data center commitments."

Financially #OpenAI is a big #ponzi scheme

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