Oracle's Deluge of AI Debt Pushes Wall Street to the Limit
14 points
1/21/1970
a day ago
by ryan_j_naughton
Comments
jqpabc123
a day ago
CWwdcdk7h
Why? Oracle might as well pull a Broadcom and start charging their existing customers more, much more.
20 hours ago
jqpabc123
And this is very likely to happen.
Consultants at Bain & Co. estimated that justifying current AI spending will require $2 trillion in annual AI revenue by 2030.
By comparison, this is more than the combined revenue of Amazon, Apple, Alphabet, Microsoft, Meta and Nvidia, and more than five times the size of the entire global subscription software market.
16 hours ago
cyanydeez
good? isnt that how services work.
8 hours ago
Guess who is expected to pay off these massive loans?
The users of AI --- who will be hit with equally massive bills.