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Oracle’s “ astonishing quarter ” really has cost it as much as one dell, or two ebays Orcl) to procure compute capacity over the next five to six years, according to a report first published by the information. Two months in, the compute megadeal between oracle and openai is a losing proposition for oracle, the financial times reports.

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The $300 billion agreement between oracle and openai, first revealed on september 10, has gone deep into the red Openai has reportedly entered into a $300 billion agreement with oracle corporation (nyse Negative $74 billion to be exact

The market wiped out $315 billion from oracle.

How could that shake up the cloud and genai landscape A single $300 billion contract has seemingly transformed. Oracle’s $300 billion deal with openai has put the company’s balance sheet under intense scrutiny With debt and liquidity stretched, concentrated exposure to a single client is creating immediate governance and valuation risks

Openai has struck a landmark deal with oracle to buy $300 billion in computing power over five years, highlighting both the explosive rise of ai and the growing financial risks around it.