This is one of the largest contracts for cloud computing in history.
Infrastructure expenses for AI continue to grow with record pace, despite the fears of the “overheating” of the market.
The scale of the transaction:
- Openai will require 4.5 gigavatt of power - this is more than two gouveers' dams, or electricity for 4 million houses.
- Oracle already demonstrates growth: the shares of the company jumped up, and Larry Ellison (the head of Oracle) earned 101 billion and became the richest person on the planet, overtaking Ilon Mask.
the market of the II calculations, it turns into a rental of planetary scale- where the cost of infrastructure is measured by hundreds billions of dollars and requires energy consumption at the level of entire countries.
copper will need more and more!
https://elements.visualcapitalist.com/why-copper-is-critical-for-data-centers/
