Oracle-Entlassungen: Mehr als 10.000 Stellenstreichungen stehen in Zusammenhang mit Sam Altman, ein Versprechen, das Oracle OpenAI für … gegeben hat – Die Zeiten Indiens

> OpenAI committed to spending $300 billion on Oracle’s infrastructure over roughly five years, starting in 2027.

> Wall Street loved it. Oracle’s stock surged 43% in a single day when the scale of the deal became clear in September 2025, briefly making Larry Ellison the richest person on Earth.

> The problem: building five of the world’s largest data centre complexes, on an accelerated timeline, requires cash Oracle doesn’t have lying around. Since the deal was formalised, Oracle has taken on $58 billion in new debt in just two months—$38 billion for campuses in Texas and Wisconsin, another $20 billion for a site in New Mexico. Total debt now exceeds $100 billion. Free cash flow has swung to a trailing deficit of nearly $25 billion. Oracle has said it won’t turn cash-flow positive on this bet until around 2030.

> Oracle shares have fallen 54% from their September 2025 peak.

> Then, in early March 2026, Bloomberg reported that Oracle and OpenAI had scrapped plans to expand their flagship Stargate data centre in Abilene, Texas—a site that was supposed to scale from 1.2 gigawatts to 2.0 gigawatts. The reason: OpenAI wants newer Nvidia chips available at other locations, not the Blackwell processors already ordered for Abilene. Oracle had already secured the site, ordered hardware, and spent billions on construction.

I’m not business or math expert, but I believe this means that Oracle has wasted billions on a scrapped project and their share price is now below what it was before the pump.

LOL

It’s a big club…