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☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish ·
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6 days ago

Oracle’s astonishing $300bn OpenAI deal is now valued at minus $74bn

www.ft.com

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Oracle’s astonishing $300bn OpenAI deal is now valued at minus $74bn

www.ft.com

☆ Yσɠƚԋσʂ ☆@lemmy.ml to Economics@lemmy.mlEnglish ·
edit-2
6 days ago
message-square
5
link
fedilink
  • cross-posted to:
  • [email protected]
  • [email protected]
  • [email protected]
  • [email protected]
Oracle is already underwater on its ‘astonishing’ $300bn OpenAI deal
www.ft.com
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AI’s circular economy may have a reverse Midas at the centre

https://archive.ph/uLke9

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  • Palacegalleryratio [he/him]@hexbear.net
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    6 days ago

    Oracle turning something to shit? Open AI being a Ponzi scheme? I’m not exactly shocked at these revelations.

  • تحريرها كلها ممكن@lemmy.ml
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    6 days ago

    Larry Ellison still has too much money

    • Palacegalleryratio [he/him]@hexbear.net
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      6 days ago

      mega-rich-light-bending-guy yeah a centi-billionaire. Very good guy I’m sure. He seems to burn through wives too… which is a red flag.

      Anyway, I wish all billionaires a happy illegal-to-say

  • firebreathingduck@social.vivaldi.net
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    6 days ago

    @yogthos the headline is misleading, Oracle’s market cap just dropped 374 billion since the announcement.

    I was hoping Oracle was going to lose 74 billion in net income. No such luck.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
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      6 days ago

      it’s what FT had originally, looks like they’ve updated it

Economics@lemmy.ml

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