Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.
They’ve made it so they will all fail together. They’re bound. This way they can ensure a bailout, because if they don’t get a bailout, they will have a significant effect on the us economy on their way down.
They’ve made it so they will all fail together. They’re bound. This way they can ensure a bailout, because if they don’t get a bailout, they will have a significant effect on the us economy on their way down.