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EK :a_openbsd:
EK :a_openbsd:
@rqm@exquisite.social  ·  activity timestamp 4 days ago

#Oracle stock is now lower than before they touched #OpenAI ... turns out making up numbers and throwing around rumours of "300bn deals" and whatnot with nothing but butterfly farts behind it is bad.

Lawsuit filed. Main plaintiff -- love it -- the Ohio Carpenters' Pension Plan.

Sources:

https://www.youtube.com/watch?v=RF3BuIcDYjQ&list=UU9rJrMVgcXTfa8xuMnbhAEA

https://pivot-to-ai.com/2026/01/15/bondholders-sue-oracle-over-openai-debt-deals/

via @davidgerard @ParadeGrotesque

2 media
A chart showing Oracle stock prices. 9 Sept 241.51 USD. 15 Jan: 191.24 USD.
A chart showing Oracle stock prices. 9 Sept 241.51 USD. 15 Jan: 191.24 USD.
A chart showing Oracle stock prices. 9 Sept 241.51 USD. 15 Jan: 191.24 USD.
Russell Ackoff - U.S. Navy two day training in Thinking, Understanding, and Learning (1 of 8)
Pivot to AI

Bondholders sue Oracle over OpenAI debt deals

Oracle sells enterprise databases. It’s a very solid business. They have so many corporate and government deals that Larry Ellison doesn’t even slightly have to pretend to be human any more. But El…
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