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Oracle CEO Magouyrk: 'Of course' OpenAI can pay $60 billion per year for cloud infrastructure

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Oracle CEO Magouyrk: 'Of course' OpenAI can pay $60 billion per year for cloud infrastructure

Oracle CEO Clay Magouyrk, one of the two people tapped last month to lead the software company, is confident that OpenAI will be able to cover the costs of the massive amount of cloud infrastructure services it consumes. Magouyrk told CNBC “of course” OpenAI can pay $60 billion for a year’s worth of cloud resources. In July, OpenAI agreed ...

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Oracle Solaris Features

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Oracle Solaris: Reviews, Pricing, Features in 2025

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Explore Oracle Cloud Infrastructure

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Oracle CEO Magouyrk: 'AI is really going to change all the aspects of our life'

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Explore Oracle Hardware

Oracle Enterprise Manager Cloud Control 13c Installation Guide || OEM 13.5 Installation on OEL 7.8

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Technology |Business |AI on Instagram: "Larry Ellison just revealed that a huge part of Oracle’s code is no longer written by humans — it’s written by AI models. 🤖 Instead of writing every line of code, Oracle engineers simply describe what they want the program to do, and the AI generates the step-by-step procedure automatically. This isn’t the future — it’s happening right now. We’re moving from programming with syntax to programming with intent. Do you think this will make developers more po

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