During an interview with CNBC on October 13, 2025, Oracle CEO Clay Magouyrk expressed confidence that OpenAI can cover its substantial cloud infrastructure costs, projected at $60 billion annually. This statement came amid OpenAI’s five-year contract with Oracle, valued at over $300 billion. Magouyrk highlighted OpenAI’s rapid growth, particularly noting that its ChatGPT now boasts 800 million weekly active users. He and fellow CEO Mike Sicilia discussed integrating OpenAI’s AI models into healthcare solutions following Oracle’s acquisition of Cerner. Despite a $5 billion net loss in 2024, Sicilia emphasized the transformative potential of OpenAI across industries. OpenAI utilizes Nvidia graphics chips via Oracle and others, while also collaborating with Broadcom to develop custom AI processors. Oracle’s stock surged nearly 6% on the announcement, and the company has seen an impressive 86% increase in market cap this year, approaching $900 billion. Watch the full interview for insights on AI’s future.
Source link
