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harshalizee | 3 months ago

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.

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matsz|3 months ago

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

water-data-dude|3 months ago

But there would be other consequences too, just consider the philanthropic organizations that Larry Ellison supports! Like the Ellison Medical Foundation, a non profit whose sole purpose is to keep Larry Ellison alive as long as possible!

onesociety2022|3 months ago

Larry Ellison owns 40% of Oracle ($625B market cap) as of today. So even if Oracle tanks and becomes a $60B company (10% of what is worth today), Larry will still be a billionaire worth $25B. He will keep his private islands and yachts.

hypeatei|3 months ago

These people are in the class that never fails. Ellison won't lose anything.

elzbardico|3 months ago

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symfoniq|3 months ago

So you’re saying there’s an upside?

marcosdumay|3 months ago

Maybe the entire purpose of OpenAI was to suck all the inflation the US government created on the last decade and burn it out in a huge bonfire at the end of its life.

Sam Altman has been playing 6-D chess this entire time, and we thought he was just a fraudster.

lifestyleguru|3 months ago

Oh god, that'd be finally some good news in this recent brutal and sad time period.

jandrese|3 months ago

Don't they still sell a database product? As long as they don't do the Venture Capital thing and sell off the most promising business units there should still be something for the company to do after the AI bubble implodes. Certainly there will be a lot of layoffs, and maybe even a chapter 13, but I don't think they'll stop existing.

chasil|3 months ago

Oracle Database Enterprise Edition retails at $47,500 per CPU core (there is a 2-for-1 discount on x86) when licensed this way.

There is extreme caution in deploying new Oracle databases, more so than SQL Sever.

raw_anon_1111|3 months ago

To a first approximation, no new company says “after looking at all of the alternatives, I think we should choose Oracle!”

Also when was the last time you heard companies migrating to Oracle from any DB?

blibble|3 months ago

unfortunately their database continues to print money from trapped customers

the "AI" is just an attempt to pump the stock price

OpenAI though can't survive as there's no business at all to fall back on