youradhere@feddit.org to Technology@lemmy.worldEnglish · 2 days agoOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comexternal-linkmessage-square175linkfedilinkarrow-up1567arrow-down111cross-posted to: hackernews@lemmy.bestiver.se
arrow-up1556arrow-down1external-linkOracle made a $300 billion bet on OpenAI. It's paying the price.finance.yahoo.comyouradhere@feddit.org to Technology@lemmy.worldEnglish · 2 days agomessage-square175linkfedilinkcross-posted to: hackernews@lemmy.bestiver.se
minus-squareBuffalox@lemmy.worldlinkfedilinkEnglisharrow-up1·2 days 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.
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.