Max Leibman“Oracle is already underwater on its ‘astonishing’ $300bn OpenAI deal”
Of course it is. *Nobody* is making money on AI.
(Except Nvidia.)
(For now.)
https://www.ft.com/content/064bbca0-1cb2-45ab-85f4-25fdfc318d89
Wally
Thomas Sturm@maxleibman This graph is fascinating. Oracle's profit will be entirely eaten by buildout costs if OpenAI's revenue share does not go up by 2027.
If this AI stuff doesn't make huge profits within a year or so, it will literally destroy Oracle.
@maxleibman OpenAI's revenue share would have to double 2026-27 and again 2027-28 to make this make any sense.
That's fucking ridiculous.
Lord Kelvin@kelvin0mql @maxleibman Oh absolutely.
@maxleibman @tsturm
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@kelvind.com
#AI & the #Cloud are NOT like a vagina. Good to be in it, but it's not better to be ALL IN it. It's worse if you're all in. #Oracle has a problem in this regard, because it's thinking with its dick - #LarryEllison - & this is yet another situation where being an enormous dick isn't an advantage.
Maxi 12x 💉@tsturm @maxleibman Oh noes, my poor Oracle Cloud "Always Free" VServer! /o\
Sadie
Aatch@tsturm @maxleibman man, I wish this would kill Oracle, but it won't. They'll just do some Enron-level creative accounting and come out the other side with more money, somehow.
@aatch @maxleibman I’d expect them to survive, but if this doesn’t go *just* right, a lot of people will lose their last shirt over this bullshit.