Flutterby™! : shell game intensifies

shell game intensifies

2025-11-11 20:42:57.957297+01 by Dan Lyke 0 comments

@davidgerard Some great new fake AI themed numbers just dropped (FT): "Oracle sold $18bn of bonds in September to fund infrastructure leases such as OpenAI’s “Stargate” data centre in Abilene, Texas."

So apparently Oracle is taking on debt to pay OpenAI's leases (~ debt) that OpenAI can't or won't pay, while OpenAI is supposed to be paying Oracle a ton of money under that September $300bn cloud deal (but probably isn't).

Since there's still at least 7 months to go until OpenAI IPO, the pumps need to run red-hot around the clock to keep the AI monopoly money legit until payday lest the real-economy recession catch up. 2026 gonna be trippy.

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