That's a big bubble

Based on this article by Beatrice Nolan on Fortune.

Oracle has struck a massive $300 billion, five-year deal with OpenAI, a move that sent its stock soaring and briefly made its CEO, Larry Ellison, the richest person in the world. This stunning success is largely due to Oracle's strategic move to secure a huge supply of Nvidia GPUs, which are essential for AI infrastructure.

However, the deal and the resulting market frenzy have reignited fears that the technology sector is in the midst of an "AI bubble." The huge influx of capital and rising valuations suggest that investor excitement may be outpacing the reality of AI's current business models.

Check out the article.

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