00:00Open AI has reportedly committed to spending a staggering $300 billion on Oracle's cloud services over five years, starting in 2027, one of the largest deals in tech history.
00:14The news sent Oracle's stock soaring on Wednesday, helping co-founder Larry Ellison leapfrog Elon Musk to become the world's richest person.
00:23While the deal underscores massive demand for AI infrastructure, it also raises eyebrows amid growing fears of an overheated AI market.
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