Oracle shares surged in after-hours trading on Tuesday following reports that the company had secured several multi-billion-dollar contracts with major customers. Now, details are emerging that one of those customers is none other than OpenAI, the Microsoft-backed artificial intelligence company at the center of the current AI boom.

According to a report from the Wall Street Journal, OpenAI has agreed to purchase $300 billion worth of compute power from Oracle over a five-year period starting in 2027. If confirmed, the deal would represent one of the largest cloud contracts ever signed, placing Oracle in a commanding position within the fast-expanding AI infrastructure race.

Oracle declined to comment on the report, and OpenAI did not respond to requests for confirmation. Still, Wall Street reacted swiftly to the news, with the shares of Oracle climbing as investors digested the significance of a potential anchor contract that would rival or exceed the largest commitments ever disclosed in the cloud industry.

The deal also underscores a deepening partnership. OpenAI first began tapping Oracle for compute capacity in mid-2024, diversifying away from its heavy reliance on Microsoft Azure. In January 2025, the shift became more pronounced, with OpenAI moving further away from Azure as its exclusive cloud provider. The decision coincided with the launch of the so-called “Stargate Project,” a $500 billion initiative backed by OpenAI, Oracle, and SoftBank to build out massive domestic data centers over the next four years.

The reported agreement suggests that OpenAI is locking in as much long-term compute supply as possible, hedging against both soaring demand and potential bottlenecks in GPU and cloud capacity. Already this year, OpenAI has expanded its cloud footprint beyond Microsoft and Oracle, reportedly striking a deal with Google as well, according to Reuters. That move illustrated the paradox at the heart of the AI race: even fierce competitors are becoming infrastructure partners as the hunger for computing power outpaces what any single provider can supply.

Oracle’s Bet on OpenAI Could Redefine the Cloud Race

If confirmed, OpenAI’s $300 billion commitment to Oracle would cement the database giant’s transformation into a heavyweight contender in cloud computing—an arena long dominated by Amazon Web Services, Microsoft Azure, and Google Cloud. It would also position Oracle as one of the few companies directly enabling the compute-heavy workloads that underpin OpenAI’s ambitions, from training ever-larger models to deploying them at scale.

For Oracle, which has spent years lagging behind the big three cloud providers, the deal could prove pivotal. Analysts say the agreement would not only lock in revenue visibility but also establish Oracle as an indispensable partner in AI infrastructure at a time when the company is working to redefine its relevance in the cloud era.

A $300 billion contract spread over five years would deliver stable, recurring revenue on a scale previously unseen in Oracle’s cloud business. Combined with the Stargate Project, the contract could cement Oracle’s place as an indispensable partner for the most compute-intensive workloads in the industry.

For OpenAI, the benefits would be equally transformative: locking in access to massive compute resources would provide the security needed to train ever-larger AI models while insulating it from shortages and pricing spikes. In this scenario, Oracle’s stock could continue its rally as investors re-rate the company’s cloud prospects, while OpenAI secures the infrastructure necessary to maintain its lead in artificial intelligence.

However, there are challenges. For Oracle, the concentration of so much revenue from a single client could expose it to volatility if OpenAI changes course or runs into financial or regulatory headwinds. The deal’s sheer size raises questions about execution: can Oracle scale its infrastructure to reliably deliver $300 billion in compute capacity starting in 2027?

For OpenAI, spreading contracts across Oracle, Microsoft, and Google reduces dependency, but it also locks the company into long-term commitments at a time when AI compute efficiency is improving rapidly. Should breakthroughs lower the cost of training and inference, OpenAI could find itself bound to overpriced contracts. And with regulators in the U.S. and Europe increasingly scrutinizing AI concentration and cloud dominance, the partnership could draw political as well as financial risks.

However, OpenAI is sending a strategic message that it cannot afford to be dependent on a single provider if it hopes to sustain its aggressive growth and model development. By spreading contracts across Microsoft, Google, and Oracle—and anchoring massive projects like Stargate—the company is building a compute safety net that ensures it has access to the resources needed for its next leaps in artificial intelligence.

Eric Trump, executive vice president of the Trump Organization and a prominent advocate for cryptocurrency, recently forecasted explosive growth in the crypto sector over the next 12 to 18 months.

Speaking remotely from New York at the Upbit D Conference in Seoul on September 8, 2025, he described the industry as being “on the one-yard line” of a financial revolution, urging investors to get involved before the surge. He emphasized that Bitcoin’s fixed supply of 21 million coins makes it superior to traditional assets like gold and real estate, positioning it as the ultimate hedge against inflation and economic uncertainty.

Trump stated, The growth of this industry in the next 12, 18 months is going to be explosive, and predicted that in the coming decade, early adopters will be seen as pioneers who rewrote modern finance.

He argued that crypto is moving beyond niche DeFi circles into broader acceptance, with major banks launching digital asset divisions to avoid being left behind by exchanges like Coinbase and Binance.

Despite Bitcoin’s recent price surges, Trump insisted the market is still in its “earliest stage,” encouraging new entrants to participate. He praised South Korea’s leadership in crypto innovation and warned that nations ignoring digital assets, like parts of Europe hampered by high energy costs for mining, risk falling behind in the global financial race.

Trump compared crypto’s transformative potential to historical inventions like railways and automobiles. This prediction aligns with the Trump family’s deepening involvement in crypto. For instance, Eric Trump and his brother Donald Trump Jr. hold about 20% of American Bitcoin Corp., a mining firm that debuted on Nasdaq on September 3, 2025, valuing their stake at over $1.5 billion after shares more than doubled on the first trading day.

The family’s broader crypto ventures, including World Liberty Financial, have generated over $1 billion in revenue in under a year, contributing to their net worth exceeding $7.7 billion. Trump’s comments come amid a pro-crypto shift in U.S. policy under President Donald Trump’s second term, including executive orders allowing crypto in 401(k)s and support for stablecoin legislation like the GENIUS Act.

However, these moves have sparked ethics concerns from critics, including Democratic lawmakers and watchdogs, who argue the family is profiting from deregulation while influencing policy. On X (formerly Twitter), the statement has gone viral, with users sharing headlines and speculating on impacts for assets like Bitcoin and XRP, though some posts exaggerate details like specific bank launches.

While Trump’s optimism reflects bullish market sentiment—crypto adoption is indeed accelerating faster than the internet’s early growth—investors should note the sector’s volatility. His personal stakes underscore a clear incentive for his positive outlook, but the prediction substantiates ongoing trends like institutional entry and global expansion.

If Trump’s prediction holds, Bitcoin and other cryptocurrencies could see significant price increases, driven by growing institutional adoption and retail investor enthusiasm. Historical data shows Bitcoin’s price often spikes with bullish sentiment, as seen in its rise from $30,000 to over $80,000 in 2024-2025 following pro-crypto policy shifts.

Early adopters and firms like American Bitcoin Corp., in which the Trump family holds a 20% stake, could see substantial gains. This could widen wealth gaps if smaller investors enter late or face losses in a volatile market.

Trump’s mention of mainstream financial institutions entering crypto suggests increased legitimacy for stablecoins and decentralized finance (DeFi). Legislation like the GENIUS Act could accelerate stablecoin adoption, potentially reshaping global payment systems.

Critics, including Democratic lawmakers, argue the Trump family’s crypto ventures (e.g., World Liberty Financial, American Bitcoin Corp.) create conflicts of interest, as their financial gains align with deregulation policies. This could fuel political debates and calls for stricter oversight, potentially impacting public trust in crypto.

Eric Trump’s prediction signals a bullish outlook for crypto, with potential for significant financial gains, policy shifts, and cultural acceptance. However, it also raises risks of speculative bubbles, regulatory conflicts, and environmental challenges.