Like Stargate, after looking at the fine prints it will not concretize to anything real money in the end.
This makes zero business sense to me.
>The deal is one of the largest cloud contracts ever signed
>The Oracle contract will require 4.5 gigawatts of power capacity, roughly comparable to the electricity produced by more than two Hoover Dams or the amount consumed by about four million homes.
And where is all of this data center capacity going to come from?
4x if you add the rest of hardware, batteries, labour.
I'm not saying the agreement does not makes some sense to both parties but at the end of the day this a highly leveraged operation, the money is not there and will need to be raised by both players. So a lot of financial risk is involved.
Perhaps they can pull this off because after all they are smart people. But it seems like the free money party is open and others will follow suit until somebody drops the ball and then we'll be back in a crash.
not_your_vase•4mo ago
I guess MS (or Oracle) will finally acquihire them in the next half year
riku_iki•4mo ago