OpenAI’s $310 Billion Infrastructure Bet
OpenAI is doubling down on AI infrastructure, signing a $300 billion, five-year Oracle cloud deal (starting 2027) and a $10 billion Broadcom chip order. Together, they represent one of the largest tech spending commitments ever.

The company, currently valued at $300 billion, could reach $500 billion after selling $6 billion in stock. While generating $10 billion in annual revenue, OpenAI faces $60 billion in yearly costs and does not anticipate profits until 2029.

Sam Altman’s expansion includes deploying 1 million GPUs by year-end and building the $500 billion Stargate project, with a mega data center planned in India. The announcements sparked market gains: Oracle surged 40%, elevating Larry Ellison to the top of global wealth rankings, while Broadcom advanced 5%.