ORCL · News · 20260929N

Customer Concentration — OpenAI Exposure

ORACLE CORP · 2026-09-29 · Importance 45 · Surprise 64

Third-party reporting said OpenAI’s annualized revenue run rate had reached approximately $70 billion. The reported run rate increased by more than 70% since the beginning of the third quarter, supported by momentum in enterprise-focused sales. The update renewed investor focus on Oracle’s OpenAI relationship and potential demand for Oracle infrastructure supporting OpenAI workloads.

Key facts

• Oracle stock jumped following a report that OpenAI's annualized revenue rate jumped to $70 billion. source
• Oracle stock ORCL gained nearly 4% on Tuesday after a report said OpenAI's annualized revenue run rate had risen to nearly $70 billion. source