this post was submitted on 13 Dec 2025
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Oracle made a $300 billion bet on OpenAI. It's paying the price. (finance.yahoo.com)
submitted 13 hours ago by youradhere@feddit.org to c/technology@lemmy.world
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[–] echodot@feddit.uk 69 points 8 hours ago (3 children)

Oh good. AI is collapsing and it's taking Oracle with it.

[–] SulaymanF@lemmy.world 1 points 21 minutes ago* (last edited 21 minutes ago)

Good. Larry Ellison does not appear to be a force for good in the world. Steve Jobs had negative things to say about him and his obsession with increasing his billions.

[–] Passerby6497@lemmy.world 29 points 7 hours ago (2 children)

Me, watching my company pivot to their cloud infrastructure: haha, I'm in danger

[–] FarceOfWill@infosec.pub 26 points 7 hours ago (3 children)

I understand why people keep using oracle, but i have never understood why anyone starts.

[–] neukenindekeuken@sh.itjust.works 3 points 3 hours ago

Because they have a series of ERP systems and services that some idiot CTO at the company looks at and goes: Yes, give me one of those.

Then once you're on that, you get pulled into more and more Oracle ecosystem shit and you think some day you'll have control and be able to get out. But you never do.

Oracle is like the loanshark of the tech industry.

Once you're in, you're in for life. Good fucking luck getting out.

[–] Passerby6497@lemmy.world 8 points 7 hours ago (1 children)

Because their data centers are run by clowns, and going to the circus is an improvement

[–] echodot@feddit.uk 1 points 3 hours ago

It's the only way to get a pay rise. You have to work with the idiots or they don't give you any money.

The problem is the people in charge are not the people that should be in charge. I suppose it's my fault for not getting an MBA.

[–] notthebees@reddthat.com 1 points 7 hours ago

In the modern day, I agree. Dunno about 30 years ago.

[–] mcv@lemmy.zip 2 points 4 hours ago

I've been telling my employer that they should be moving away from the Microsoft cloud for a whole bunch of reasons. Someone said they're aware of it, so with the speed stuff here is moving, we might actually move to something else in 10 years.

But personally I wouldn't lose any sleep if the whole bubble collapsed next year.

[–] m33@lemmy.zip 23 points 8 hours ago

Can’t wait. Payback for Sun, for Java…