Oracle stock suffers accordingly (hit upper 130s yesterday).
How much more evidence do you need that Larry sc--wed the pooch on his AI deal and Oracle's finances? Open AI is a dog.
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American taxpayers will bail it out
Not by choice but by political malfeasance.
@a3 They could go bankrupt after bankrolling the investors. They can hold off bad news until after the IPO and lock-in periods are over.
@a3 re: taxpayers, that's certainly what the media hysteria would have us believe.
it's not like they course correct, it's all or nothing
as for OpenAI, they won't be allowed to go bankrupt, American taxpayers will bail it out