Oracle could face $7B collateral bill for Wisconsin data centre
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Re: Oracle could face $7B collateral bill for Wisconsin data centre
#2Related:
S&P Global has lowered Oracle’s creditworthiness from BBB to BBB-
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#3Related: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB- https://news.ycombinator.com/item?id=48909768
One level above junk. Yikes.
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#4Related: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB- https://news.ycombinator.com/item?id=48909768
One level above junk. Yikes.
The problem with Oracle is how much utterly and directly depends on them. They still are the authoritative source on "what is Java" and stuff like SAP directly depends on Java and in many cases Oracle Database (the supported alternatives are AFAIK IBM's mainframe stuff and MS SQL, but I only ever saw Oracle whenever I had the misfortune of having to dig into SAP).
If Oracle goes down, a lot of businesses are going to be in a lot of trouble, and there will be a lot of fighting over the scraps.
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#5From what I can tell, the DC buildout isn't going that well. I've been wondering about the current status of the projects because there hasn't been much in the news or here about new DC's coming online. This report summary makes the point that getting power to the datacenters with onsite generation is running into roadblocks from permitting to even finding turbines to buy. He who shouldn't be named (here) made the same point in an interview that popped up on my youtube feed while pitching the datacenters-in-spaaaace angle. Software people are getting a lesson on the difficulties of utility scale power hardware.
https://cleanview.co/reports/behind-the-meter-data-centers
/can't read the article
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#6Related: S&P Global has lowered Oracle’s creditworthiness from BBB to BBB- https://news.ycombinator.com/item?id=48909768
every stock should have the chance to go to zero if we are to have a true Free Market.
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#7Earlier quoted context omitted.
One level above junk. Yikes.
The problem with Oracle is how much utterly and directly depends on them. They still are the authoritative source on "what is Java" and stuff like SAP directly depends on Java and in many cases Oracle Database (the supported alternatives are AFAIK IBM's mainframe stuff and MS SQL, but I only ever saw Oracle whenever I had the misfortune of having to dig into SAP). If Oracle goes down, a lot of businesses are going to…
oh no, not the hierarchy of consulting! the horrors. Better grab your nearest gpu and open model to replace them.
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#8Re: Oracle could face $7B collateral bill for Wisconsin data centre
#9Why submit links to pages that have absolutely no information on them? ft.com is useless and does not display articles. It should probably be on a banlist for HN.
Re: Oracle could face $7B collateral bill for Wisconsin data centre
#10Oracle cannot possibly be expecting to meet its bets here. My own empirical one-person observation is that my friend worked there in the group that went around the world standing up their new cloud datacenters, and he was there from basically 2019 to earlier this year. They laid him and half his team off earlier this year. Absolutely nonsensical if they're really building out cloud data centers. Because that's exactly what his job was for the previous 5 years....
Can anyone make that make sense? The team was like 15 people and is now 7. Not exactly a large enough team to build out billions of dollars worth of data centers... Maybe they're just going to contract that all out, but this guy and his team were a very smooth, very well greased machine for standing this stuff up quickly and reliably.