Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Oracle is underwater on its $300B OpenAI deal

ft.com

Post reply on HN
Print view View original

71–80 of 194 posts

Re: Oracle is underwater on its $300B OpenAI deal

#71

Post by placatedmayhem »

what wrote: post #54
Razengan wrote: post #42

Earlier quoted context omitted.

How is that not a conflict of interest by the way, when Google's AI search results prevent the websites it trained on from getting clicks?

Am I the only one that clicks through to the sources cited?

I usually do the same, but not always. And I believe clicking through is a behavior of a minority of people and interactions, judging by the click through rate drops sites have seen recently. (On mobile at the moment, so apologies for not grabbing a source for the rate drops sites.)

Re: Oracle is underwater on its $300B OpenAI deal

#72

Post by elzbardico »

matsz wrote: post #12
harshalizee wrote: post #5

Oracle is the one to look out for if/when the bubble bursts. Most of the big tech will be fine, albeit hurting for a while. For Oracle, this might be existential.

Finally, been waiting for this moment since I've learned about Oracle. Would be well-deserved for them. Hope Larry Ellison loses his yacht.

[flagged]

Re: Oracle is underwater on its $300B OpenAI deal

#73

Post by overfeed »

beachy wrote: post #62
Bricejm wrote: post #22

Earlier quoted context omitted.

Google also has $100 billion in profit each year from it's core business to wait out OpenAI.

Google is also conflicted though. The more they emulate ChatGPT's clean UI, the more they are failing to push ads in people's faces, which is what generates that $100B for them. Their business model fails if their users don't experience a confusing crap-fest of ads.

> Their business model fails if their users don't experience a confusing crap-fest of ads.

I bet you OpenAI will implement ads far sooner than Google can hypothetically run out of money.

Re: Oracle is underwater on its $300B OpenAI deal

#74

Post by HWR_14 »

iammjm wrote: post #9

How is this even rational that companies "invest" billions of dollars that they dont even have? capitalism ad2025 is a joke

If you can borrow money at X% and make (X+1)% on that money, you do that and invest it. As an individual you can do that by buying stocks on margin.

Re: Oracle is underwater on its $300B OpenAI deal

#76

Post by rvnx »

Bricejm wrote: post #22
drivebyhooting wrote: post #8

It’s looking like Google may outdo OpenAI. ChatGPT has brand recognition and adoption, but not the best product anymore.

Google also has $100 billion in profit each year from it's core business to wait out OpenAI.

And they also have their own chips (TPUs), no need for Nvidia

Re: Oracle is underwater on its $300B OpenAI deal

#77

Post by ohyoutravel »

dist-epoch wrote: post #61
drivebyhooting wrote: post #8

It’s looking like Google may outdo OpenAI. ChatGPT has brand recognition and adoption, but not the best product anymore.

You can get a $20 OpenAI subscription for some serious usage. Google has no such thing for Gemini, it's subscriptions are brain-dead, expensive bundled with 2 TB of storage and other shit that I don't want.

Isn’t Gemini the same price for the same usage as OpenAI? I agree they bundle extra things in there, but you don’t have to use them. If you just used Gemini for $20 you’d be equally situated as OpenAI for $20 on the model front.

Re: Oracle is underwater on its $300B OpenAI deal

#78

Post by outside1234 »

reactordev wrote: post #26
throwacct wrote: post #15

so, these companies are playing hot potato and this is oracle holding it.

I so desperately want to make a snide comment about foreseeing the future but the reality is the CapX is so muddied that I’m afraid everyone is going to feel it.

Exactly, the really frightening thing is Altman taking OpenAI public to get it into the SP500 and it completely falls apart then. In that case, we all get to hold the bag.

Re: Oracle is underwater on its $300B OpenAI deal

#79

Post by lizknope »

I see that the stock price jumped high on Sept 10 and is now back to where it was the day before.

So what is Oracle spending the $300B on? Did they get any percentage ownership of OpenAI? Is it building out the cloud hardware data center? Can anyone other than OpenAI use it?

Post reply on HN