The artificial intelligence giant’s dizzying corporate structure and acquisitions raise privacy and safety concerns.

OpenAI and Oracle have agreed one of the largest cloud computing contracts to date to power the development of artificial intelligence. Here’s what you need to know.

OpenAI has been named as the customer behind Oracle ’s recently announced $30 billion-per-year cloud computing contract, with the tech company leasing approximately 4.5 gigawatts of data center power to support its expanding AI workloads. Oracle first announced the contract earlier in July, though it did not initially name the client.

The AI company has long sought to transform its flagship chatbot into an all-purpose AI assistant. This could be the next leap forward.

Earlier this week, Oracle announced it had signed a single cloud computing contract worth $30bn in annual revenue beginning in 2028, without naming the customer. People close to the matter confirmed to the Financial Times that the customer was OpenAI as part of its expansion of Stargate.