00:00It's Benzinga, and here's what's on the block.
00:02OpenAI and Microsoft are partnering with Oracle so that OpenAI can use Microsoft's Azure AI
00:08platform on Oracle's infrastructure in order to gain more computing capacity for applications
00:12like ChatGPT. OpenAI CEO Sam Altman has said the company needs substantially more infrastructure
00:18to power its services, and that Oracle's chips will enable OpenAI to continue to scale.
00:23The new partnership with Oracle will provide OpenAI with additional compute beyond what
00:27Microsoft alone can supply, to help meet demand and prevent future outages.
00:32Microsoft and OpenAI have emphasized that their strategic cloud relationship is unchanged,
00:36and pre-training of frontier models will still happen using Microsoft's supercomputers.
00:40For all things money, visit Benzinga.com.
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