this post was submitted on 29 Oct 2026
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.

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Oracle is funding a datacenter spending spree with negative cashflow and borrowing. OCI is set to host large language model builders, notably OpenAI, alongside its own customers' workloads. Oracle spent $55.7 billion on datacenters and cloud infrastructure in fiscal year 2026, which ended in May, and plans to spend between $90 billion and $95 billion in fiscal 2027.

That will require more debt. In 2027, Oracle hopes to raise around $40 billion in debt and equity, on top of the $18 billion in debt it raised in September 2025.

We are ALMOST to the pot of gold I swear! I just need 5 more pots of gold to get us there!!

Is "That will require more debt" the "You must construct additional pylons" of the AI/datacenter industry or does it rather accurately describe the entire AI/datacenter industry in a meme?

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[–] paparouleur@awful.systems 12 points 1 week ago

you know what they say, the easiest way to become a billionaire is to start with $200+ billion