Oracle Is Praying OpenAI Survives
As it relates to Oracle (ORCL), investors have grown tired of circular deals and ever-increasing debt loads. Larry Ellison’s rhetoric is legendary, 50% hot air, 50% truth. It’s amazing the SEC allowed Oracle to include the $365 billion OpenAI “deal” from last quarter in backlog given that a lot has to happen for OpenAI to earn the revenue with which to pay Oracle, unless of course Sam Altman expects to pay for the deal with IPO proceeds, Government subsidies, and perhaps Oracle kicking in a few Dollars in another circular deal.
Although, I can’t imagine a world in which OpenAI’s AI research staff leapfrogs Google DeepMind and the work the latter has done on Gemini 3.0 Pro Deep Think - which for my money is the best LLM and best multi-modal model on the market.
Google (GOOGL) seems set up to win the “LLM War”, the “Cloud War” ( a ways off yet), perhaps the “Productivity Apps War” and at least be a player in the “Chip War”.
OpenAI may be dead man walking at this juncture.
https://pulse.tek2dayholdings.com/
