Here's an eye-popping new price tag for generative AI's booming demand for energy and computing power for data centers : $300 billion. That's how much ChatGPT maker OpenAI has reportedly committed to spend with Oracle over a five-year span to continue its run of early success.

The deal, which would be one of the largest contracts for cloud computing, was announced by both The Wall Street Journal and The New York Times on Wednesday.

The contract with Oracle would entail delivery of as much as 4.5 gigawatts of power capacity, which the Journal says is roughly equivalent to two Hoover Dams or the amount used by 4 million homes. The deal would go into effect in 2027, the reports said.

OpenAI didn't respond to our request for comment. Oracle declined to comment.

According to researc

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