Openai spent that pulling out most of the technology. Last Example Oracle

OracleThis week, the historical growth of the shares noted the last section in the history of a single private company, which has been prevailing in the technological landscape for almost three years: Openai.

In the Oracle blast Report of incomeOpenai was a key catalyst for a lot of money, which is expected to launch artificial intelligence in the coming years.

It becomes a familiar topic.

Weeks before, Broadcom Shares popped up nearly 10% after the chips and software manufacturer stated 10 billion dollars deal To create custom processors for the customer who said analysts were Openai.

Among the Megacaps Tech, Microsoft Has the closest link to Openai, investing more than $ 13 billion into the company and acting as a major cloud partner for six years. Nvidia’s March, to become the most valuable company in the world, is closely linked to Openai, as its graphic processing units (graphic processors) are based on a major linguistic model and are important for heavy AI loads.

That four companies – Oracle, Broadcom, Microsoft and Nvidia – saw that their combined market hats scrap more than $ 4.5 trillion, as Openai invaded public views with launching in the late 2022. And these profits are a great reason that Nasdaq and S&P 500 have been hasty fuss, both benchmarks that close both arrest Recording on Friday.

Openai is, of course, concerned about some experts on the market. There is a startup that burns the cash regulated by the non -profit parent.

The company’s $ 500 billion estimate is supported by a small amount of investors who rely on what Openai will prevail in the conditions of hefty competition of similar Meta and Google As well as other high -scale aliens such as anthropic and any number of players from China.

“While we love Chatgpt, Openai is still not to make a profit in its ability to attract capital,” said Gil Luria, Da Davidson analyst in an interview with CNBC.

Luria, who recommends keeping the Oracle shares, dug in the company’s room because the stock was in the midst 36% jump On Wednesday, its greatest profit since 1992.

In his quarterly income report at the end of Tuesday, Oracle stated that during this period he signed four multi -billion dollar contracts with three different clients. One of them was with Openai which – Note Previously, he agreed to develop 4.5 gigawat power at the US data center with Oracle.

Investors knew based on Submission to SEC In June, this Oracle signed a $ 30 billion cloud contract with an unnamed company, which is due two years later. CNBC has confirmed Wall Street Journal report Since Wednesday, Openai has agreed to spend $ 300 billion on computing in about five years since 2027.

Two trading days after retreating on Thursday, Oracle’s shares retreated by more than 6%, and on Friday another 5%when other investors began to share Luria’s problems.

New discoveries about massive cloud obligations Openai have made a clearer sense of expanding Oracle lag. Oracle stated that the fulfillment of income, which has not yet been recognized, increased 359% a year earlier to $ 455 billion.

Luria has stated that the Oracle lag with one client “significantly reduces” enthusiasm, especially when “more than 90% came from Openai”.

Oracle did not respond to a comment request.

Openai took great commitments to several other providers, including Buiss and Googleand is reportedly plans to deliver $ 19 billion Star Brettproject President Donald Trump Announced in January to strengthen the investment in AI infrastructure in American star childbirth is a joint venture between Openai, Oracle and Soft banksWhich is the planned investment of $ 40 billion in Openai.

Luria said the departure is that “Sam Altman has a mischief to sign very large checks without demanding to worry about whether they can earn them.”

Openai refused to comment.

While Openai will lose money in the foreseeable future, the company expects the income growth to continue in speed. After Hitting $ 10 billion In the annual revenue in June Openai on 2029, up to 2029 reaches $ 125 billion, CNBC confirmed.

And on Thursday Openai received step closer to formalize your transition to a non -profit organization. The company stated that his non -profit father will continue to oversee the business and will own the equity of more than $ 100 billion, as the commercial organization will become a public benefit corporation.

Openai needs restructuring to happen by the end of the year to provide the entire $ 40 billion from the last round of funding.

For Oracle, the mass increase on Openai land has landed in the company in the shouting distance from the trillion club, which currently includes eight technological peers. The Oracle market cap rose to approximately $ 930 billion on Wednesday before retreating to $ 830 billion to close the week.

Byron Deter, partner Bessemer Venture Partners, told CNBC that he was still skeptical of Oracle’s prospects in AI. The company spent years trying to play cloud infrastructure where it passes Amazon, Microsoft and Google.

Deer said Oracle remains “B Hyperscaler” without significant positions in AI or chip software.

“Two days ago, we all thought that Oracle is essentially anywhere in the II,” said Deter after the income report. “They report this mega-spear, people think they are the next big hypers-and I don’t buy this part.”

See: Byron Deter on Adobe and Oracle