OpenAI wants you to believe that by 2030, it’ll be raking in $100 billion a year just from ads alone - even though it’s currently struggling to reach just $1 billion.
OpenAI wants you to believe that by 2030, it’ll be raking in $100 billion a year just from ads alone - even though it’s currently struggling to reach just $1 billion.
Good. Die faster and take Oracle with you.
Oracle might go first, their credit rating was downgraded again to BBB-. So banks are even less likely to loan anything to them
The Ellison’s don’t care, they’ve already fished that pond empty. They’re in the propaganda business now.
They can’t close on the Warner deal yet (court ordered the deal be paused for 28 days to consider blocking it), and if the courts hold up the merger for a few months, and Oracle stock plummets based on their bad investments, the Ellisons’ personal guarantee on the purchase price might not be enough to actually complete the merger.
I don’t think it’s very likely, but I can dream, at least for now.
I want to punch both Larry Ellison and Sam Altman in the face so bad. Clearly neither of them have ever been punched in the face, and their time is due.