#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:
youtube.com/watch?v=RF3BuIcDYj…
pivot-to-ai.com/2026/01/15/bon…
via @davidgerard @ParadeGrotesque
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…Pivot to AI
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