How Oracle's massive Stargate deal with OpenAI has pushed Oracle to the center of the AI boom, turning its market cap into a barometer on AI sentiment
In the AI boom, no tech giant has gone all-in like Oracle. … Bluesky: Patrick Howell O'Neill / @patrickhowelloneill.com : I'm a simple ma who finds Oracle to be kind of a baffling company, this story was a great education www.bloomberg.com/news/feature... Bobby Allyn / @bobbyallyn : “If Ader is confused about what Oracle is doing, he's not the only one...Oracle is just one of the many companies constructing data centers for OpenAI and hoping it pays all its bills.” www.bloomberg.com/news/feature... Mastodon: Dare Obasanjo / @carnage4life@mas.to : I still don't get why Michael Burry decided that he'd short Nvidia if he believes there's an AI bubble when Oracle exists. — OpenAI's $1.4T in commitments on $20B in ARR is the biggest bubble sign. Oracle going into massive debt in anticipation of the demand, the most logical bet against OpenAI's ability to come up with the money. …