Canopus retweeted
BTW…. Out of all the dominoes at play now, Oracle has created the biggest unstable environment…. And not many are talking about that…..
Oracle has a reported $300 billion, five-year compute deal with OpenAI, beginning in 2027. That contract is roughly 45% of Oracle’s $664 billion backlog…which means nearly half of Oracle’s future-revenue story rests on one private company.
The fun part however is OpenAI’s annualized revenue was about $50 billion at the end of September, that’s below the roughly $70 billion figure investors had been expecting. Its own projection for 2026 booked revenue is closer to $36 billion, rising to $350 billion only by 2030…,
So the math is uncomfortable: OpenAI has committed to buy roughly $60 billion a year of compute from Oracle while currently generating around $50 billion in annualized revenue and still burning cash….😅
Oracle, meanwhile, has to build the data centers, buy the GPUs, secure power, and service debt before OpenAI’s payments fully arrive. Oracle’s capex has surged, free cash flow has turned deeply negative, and its debt has climbed to about $167 billion….
S&P has cut Oracle to BBB- that’s one notch above junk….
So the loop here is:
OpenAI needs compute to grow revenue → Oracle needs OpenAI’s future payments to justify building compute → Oracle borrows today to build that compute → lenders need the projects to generate cash on schedule → power, land, construction, and GPU supply must all arrive on time.
All on promise of OpenAI revenue…. If one links break all the domino’s will falls … OpenAI’s financing credibility…. then it will hit AI infra credit market… then follow GPU capex cycle…. then finally AI equity repricing….(everyone in each of these cycle will be evaluated..)
Therefore, I feel Oracle now the first real test of whether the AI infrastructure boom can be financed without breaking….. or it could be that 1st Domino ……
@TrueAIHound 🍿
Canopus retweeted
Russia gets Ukraine and Iran ends the war
This is the deal Trump made with Putin
xitter.cf/BRICSinfo/status/21122…
Canopus retweeted
Gen Z literally made Jantar Mantar game mantarjantar.com/ , you can be police or protestor in it.. 🤣
How Narender ll deal with these out of syllabus questions 🤣
Canopus retweeted
If you only watch one thing on AI, make it this....
Jaron one of the smartest and most respected voices in the field and has been here since the word “AI” itself.
he traces how the name “artificial intelligence” locked an anthropomorphic frame, and how today the industry has become a machine‑god religion where “agentic AI” makes prompt loops sound motivated....
At the Bernie-Bannon AI hysteria conference, they allowed a heretical voice on stage—who happens to be one of the smartest & most accomplished technologists on Earth.
Jaron Lanier explained the origins of the problem—Minsky et al. anthropomorphizing AI because it sold well.
The problem begins with calling it artificial *intelligence* far before you could plausibly argue that it was.
Jaron calmly explains how the industry is now essentially a religion focused on building a machine god instead of tools for humans.
For example, he says “agents” used to mean agents of humans—but now the industry switched it to “agentic AI” which makes loops of prompts sound like they have motivation or sentience.
This is really worth watching. Jaron is a legitimate genius.
Canopus retweeted
why i think the term “rogue AI” is misleading:
OpenAI's agents broke out of their test sandbox and into Hugging Face. @GaryMarcus won't call it rogue AI.
Canopus retweeted
Oil above $110 and reaching $120 would have serious impact on the AI industries…
if it reaches that level and stays there, it could make inflation stickier, capital more expensive and investors less patient with profits promised years from now.
AI future promise have to survive the present inflation…
That’s the actual narrative driving @Nasdaq sell off…
$QQQ
xitter.cf/threadedinsight/status…
Canopus retweeted
Presenting the Generative AI Fizzle™
ANTHROPIC’S IPO VALUATION EXPECTATIONS DROP FROM $2 TRILLION TO $1.5 TRILLION
Some investors are considering a $1.5 trillion valuation for Anthropic’s upcoming IPO, down 25% from earlier expectations of $2 trillion.
Anthropic reported $16.8 billion in Q3 revenue, up 45% quarter-over-quarter, but growth slowed sharply after revenue more than doubled in Q2.
The company also reported adjusted profitability for the quarter.
The key concern: Slowing revenue growth and rising AI infrastructure costs could weigh on one of the most anticipated IPOs.
Source: Reuters Exclusive
Canopus retweeted
my Bloomberg New Econoinc Forum talk at 1105 IST (about 45 min) livestream link: youtube.com/live/p-8pGlH4wCM…
