Dare ObasanjoMar 5

This sadly has been inevitable since Oracle signed the deal with OpenAI for $300B of AI services over 5 years.

Oracle needs to build out data centers to handle the capacity but banks don’t think OpenAI will follow through so getting loans has been hard.

Massive cost cutting being the inevitable plan B.

Show threadDr. DirtbagMar 5
@carnage4life Shedding appreciating assets (employees) to pay for depreciating ones (GPUs) is pure business genius.
Show threadFazal Majid
@drdirtbag @carnage4life specially since OpenAI is the one getting all the potential upside, and Oracle eating risk and fixed prices for an undifferentiated commodity. Then again Oracle is a despicable company and I will enjoy the schadenfreude.
Mar 5 at 9:03pmWeb