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Why Oracle's deal to acquire OpenAI surprises Wall Street

Source: CoinWorld
The $300 billion five-year agreement between OpenAI and Oracle highlights Oracle's key position in the field of AI infrastructure, although Oracle's position is still conservative. OpenAI's massive computing spending reflects its aggressive expansion strategy, although there are still questions about power procurement and funding. The collaboration will diversify OpenAI's cloud infrastructure and enhance its competitive advantage, and industry experts have also noticed its unique global AI supercomputing foundation. However, OpenAI's high cash consumption and energy demand also present ongoing challenges.
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