87
Oracle made a $300 billion bet on OpenAI. It's paying the price.
(finance.yahoo.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 13 Dec 2025
87 points (95.8% liked)
Technology
80228 readers
869 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
Where the fuck do they get this money from? $300 billion is fucking nuts. And 1.4 trillion in costs is literally bigger than my countries' entire GDP (Australia)
The 1% is willing to pay whatever imaginary fiat currency they can to eliminate the need for the working class. Then they can finally get rid of us.
While simultaneously acting like a bunch of whining little crybabies about declining fertility rates.
Which is it: AI (and other automation) will replace jobs, or there aren't enough people to work all the jobs?
Hedging their bets. They're only capable of being sure of the future as the next person, which isn't very capable at all. But they have the ill-gotten means to back both sides so they continue to be on top.
Oh I know what they're doing. I just don't give a shit and will point out how ridiculous their sense of entitlement is.
No one is owed another human being.
It's not that. Nobody really expects to achieve firm satisfactory result in something never done before, to justify the risk.
It's a bubble. That they found money to make such an input into inflating it just means the outcome of said bubble bursting is this good for them.
I'm interested what exactly will happen when it bursts. A dictatorship, or a blitzkrieg against half of the world, or what else.
probably borrowing from large banks, selling shares, or bonds, or offering something as COLLATERAL.
And ripping off their customers.
Well, it's called One Rich Asshole Called Larry Ellison, after all... 🤷♂️
trying to buy WB, so he can turn CNN into a fox clone. of course with the help of the SAUDIs.
Funny thing is, CNN has been a Fox clone for a few years now.
they probably want to turn it to 100, they were lite clone. CBS turning into it too. they want all networks to eventually be only right wing propaganda. people on Paramount+ for the sake of trek should be aware theya re supporting this.
Any combination of: