Oracle’s $300 Billion AI Bet Has Fast Become a Bubble Barometer
December 12, 2025 at 4:30 PM UTCUpdated on December 12, 2025 at 7:16 PM UTCThe biggest cloud-computing deal in history had the humblest of origins: an unsolicited direct message over LinkedIn. It was sent in spring 2024 from an executive at OpenAI to sales leaders at Oracle Corp. Like most LinkedIn inquiries, it was a bit of a flyer.OpenAI was scrambling for computing power, as it has been more or less constantly since its artificial intelligence tool ChatGPT burst onto the scene in 2022. It had...
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