youradhere@feddit.org to Technology@lemmy.worldEnglish · 7 days agoOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comexternal-linkmessage-square34linkfedilinkarrow-up1334arrow-down16
arrow-up1328arrow-down1external-linkOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comyouradhere@feddit.org to Technology@lemmy.worldEnglish · 7 days agomessage-square34linkfedilink
minus-squareA_norny_mousse@feddit.orglinkfedilinkEnglisharrow-up6·edit-27 days agoPlease, government of the USA, do not bail them* out. At least not any more than what you’re already giving them. * OpenAI
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up2·7 days agoOracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.
Please, government of the USA, do not bail them* out. At least not any more than what you’re already giving them.
* OpenAI
Oracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.