LOL Larry is cooked: https://finance.yahoo.com/markets/stocks/articles/oracle-investors-know-openais-struggles-190500503.html
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CNBC and other WS talking heads have state Oracle is the proxy for OpenAI so their mistakes and strategic execution pitfalls will reflect on Oracle.
@jp @jp people who leak information aren't reliable. They typically have an ax to grind with the company. What were OpenAIs spending projections? Oh wait, that is private information. They don't seem to have any problem getting investment capital. It may be crazy times in the markets but people don't just give away that kind of cash without a future return.
@ak It’s interesting that a financial publication completely forgot to mention they have massive debt and low credit rating, and written by an individual that has a stake in Oracle and published by a company that has a stake in Oracle, and tries to sell investment advice.
@ak I guess you don’t realize people like to talk and leak information. Insiders and investors. It’s estimated they burned 8B last year and 40B by 2028.
After the next layoffs all will get Fed up.
OP, did you read more than the first paragraph of the article? They state: "Oracle's financials are quite strong."
OpenAI isn't a publicly traded company so they missed internal targets but no one know what their profits look like because they don't have to report them. They only need to file taxes and those returns are not public.
If Larry cared what you think you would have already discussed this with him.