⟳ Репост от Der Waldmeister
Ellison and Oracle have bet everything on the bet that AI CapEx is a guarantee for global dominance. But it looks like the money to pay them doesn’t really exist. «Oracle’s [...] debt-to-equity ratio, which stood at around 500 percent [compared to] Amazon’s […] 50 percent»
Matthew SheffieldThis is an excellent, plain-English article about Oracle, the main company of Trump super fan Larry Ellison, which is heavily indebted to build AI data centers. Free link: