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Ed Zitron
@edzitron.com

TD Cowen had a data center themed analyst letter today that said that Oracle may lay off 20-30,000 people or sell Cerner to keep up with the debt on the data centers it’s building for OpenAI.

Sand🎃WITCH🧙🏾 Judge@sandwichjudge.bsky.social

Oracle also bought Cerner, the second biggest EHR software, in 2022 for $28 billion and has since lost a bunch of customers and promises a “revamp” www.healthcaredive.com/news/oracle-...

healthcaredive.comOracle Health’s market share declined ‘substantially’ after Cerner buy: reportThe company has lost 57 unique acute care customers in the past three years, 12 of which are larger health systems, according to Klas Research.
Ed Zitron
@edzitron.com

Every single time OpenAI and Oracle announced a new data center the very first thing that should’ve been said was the money didn’t exist. It’s been obvious since the beginning. On top of this, Oracle is having trouble raising money from US banks, left only with I imagine SMBC and MUFG

Ed Zitron
@edzitron.com

You know what also happens if Oracle can’t spend this much on capex every quarter? NVIDIA stops selling as many GPUs, by which I mean Oracle stops ordering billions of servers through Hon Hai/Foxconn, Quanta, Wistron and Wiwynn, AKA the Taiwanese server manufacturers that really buy the chips.

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