youradhere@feddit.org to Technology@lemmy.worldEnglish · 1 day agoOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comexternal-linkmessage-square175linkfedilinkarrow-up1561arrow-down111cross-posted to: hackernews@lemmy.bestiver.se
arrow-up1550arrow-down1external-linkOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comyouradhere@feddit.org to Technology@lemmy.worldEnglish · 1 day agomessage-square175linkfedilinkcross-posted to: hackernews@lemmy.bestiver.se
minus-squareA_norny_mousse@feddit.orglinkfedilinkEnglisharrow-up13·edit-21 day agoPlease, government of the USA, do not bail them* out. At least not any more than what you’re already giving them. * OpenAI
minus-squarebaggachipz@sh.itjust.workslinkfedilinkEnglisharrow-up14·1 day agoAltman just needs to cobble together a gold Trump statue, deliver it to the White House, and any bailout needed is his.
minus-squareexplodicle@sh.itjust.workslinkfedilinkEnglisharrow-up4·1 day agoYou clearly want the economy to collapse. The bailout will actually be profitable for the government. /s
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up1·1 day agoOracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.
Please, government of the USA, do not bail them* out. At least not any more than what you’re already giving them.
* OpenAI
Altman just needs to cobble together a gold Trump statue, deliver it to the White House, and any bailout needed is his.
You clearly want the economy to collapse. The bailout will actually be profitable for the government. /s
Oracle doesn’t need a bailout, they are loaded, and can afford this loss. But of course an investment not being as profitable as they promised means the stock goes down. It’s not like the company is anywhere near being in trouble.