Oracle is a leveraged, one-way bet on OpenAI, a high-cost, money-losing producer of a lagging artificial-intelligence model. If [Sam] Altman’s company is unable to recapture the top billing in AI or raise the billions in cash it needs this year to keep the lights on, Oracle will be stuck with empty data centers and $248 billion in lease obligations.
It might just prove the ultimate bagholder in the coming AI bust.
~ Evan Lorenz, "Not so oracular," Grant's Interest Rate Observer, January 14, 2026
No comments:
Post a Comment