'Curse of ChatGPT': How Oracle has lost $300 billion in market value since it announced partnership with OpenAI
Oracle's market value has plummeted by over $300 billion since its September partnership with OpenAI, sparking concerns of a 'Curse of ChatGPT.' Investors are questioning the debt-fueled AI infrastructure bet, which makes Oracle a proxy for OpenAI's ambitions. This decline contrasts with stable benchmarks, highlighting significant investor unease over the aggressive AI gamble.
Oracle's market value has plummeted by over $300 billion since its September partnership with OpenAI, sparking concerns of a 'Curse of ChatGPT.' Investors are questioning the debt-fueled AI infrastructure bet, which makes Oracle a proxy for OpenAI's ambitions. This decline contrasts with stable benchmarks, highlighting significant investor unease over the aggressive AI gamble.
