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View: The AI race is getting monstrously expensive. Can Oracle afford it?
Summary by Semafor
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View: The AI race is getting monstrously expensive. Can Oracle afford it?
Liz’s viewLarry Ellison brought a knife to a gun fight.Oracle’s announcement that it will raise $50 billion in debt and equity to finance its massive data center commitments has laid bare the brutal economics of the AI buildout: Some players can afford it, and some can’t.Oracle has been the bellwether for AI worries for a while now. It doesn’t have the cash-cow businesses that allowed Amazon, Alphabet, Meta, and Microsoft to pour billions into t…
·New York, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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