Oracle clarifies ‘zero impact’ from Nvidia-OpenAI deal amid layoff reports, cloud investment plans — Details

US-based technology giant Oracle Corp. issued a statement via a social media post on Monday, February 2, 2026, that the agreement between Nvidia and other major technology giants such as OpenAI has no impact on the company’s financial relationship with the Sam Altman-led company.

The company also stated that it remains confident in OpenAI’s ability to raise funds to meet its financial commitments in its $300 billion purchase order plan over the next five years.

“The NVIDIA-OpenAI agreement has zero impact on our financial relationship with OpenAI. We are extremely confident in OpenAI’s ability to raise funds and meet its commitments,” Oracle said in a social media post on X.

(This is a developing story. Please check back for updates.)