Artificial Intelligence
Artificial Intelligence
Out of context: Reply #2146
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"Oracle signed a deal with OpenAI for the AI company to purchase $300 billion worth of compute power over a span of about five years, according to reporting from the Wall Street Journal. OpenAI would start purchasing this compute in 2027."
- This is why the stock of Oracle went up 30%+ and made Larry Ellison co-founder of Oracle the richest man on Earth for a little while today********
- Nobody knows how they will pull this off ofc, Oracle doesn't have the GPUs and infrastructure and $100B in debt, while OpenAI will need to fork $60B per year...********
- So it was just more hype to fuel the AI bubbble********
- This is why the stock of Oracle went up 30%+ and made Larry Ellison co-founder of Oracle the richest man on Earth for a little while today