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Oracle, once again, makes clarifications on the $300 billion promise to Sam Altman and OpenAI that’s behind thousands of layoffs

Oracle did not build the data centre in Abilene, Texas. It leased it from Crusoe—a relatively inexperienced operator—on a 15-year contract worth more than a billion dollars a year. This is not an exception to how Oracle operates; it is the whole model. Oracle is a database company that has recast itself as the financial…

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