Financial engineering dressed up as AI strategy. Oracle is laying off the people who keep the database business running to fund GPU commitments underwritten largely by a single unprofitable customer that's actively building its own silicon. The stock loves it — until OpenAI renegotiates or insources.
Financial engineering dressed up as AI strategy. Oracle is laying off the people who keep the database business running to fund GPU commitments underwritten largely by a single unprofitable customer that's actively building its own silicon. The stock loves it — until OpenAI renegotiates or insources.