Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
What does Oracle even do?
They sell software that sits so deep in people’s stack that replacing it takes tons of effort. Companies calculate that it’s cheaper to keep paying Oracle than to rewrite crucial services.
Specifically, they have had a popular expensive DBMS for last 30ish years.
Create a db that sucks so bad you have to hire them to maintain it.
Destroy popular and useful companies.
Boy you’re in for a ride.
Palantir runs on Oracle Cloud.
Oracle finances Paramount buying out Warner Bros.
Other shady shit Oracle does: https://thedreydossier.substack.com/p/the-merger-that-needed-a-war
Basically think Oracle is a competent League of Evil that can hide from the media spotlight.
They hide from the media spotlight by increasingly being the media spotlight.
Something can’t hit you without showing itself before. Oracle takes it to the next level and tells you they’re coming before they destroy you. Vampires need to be invited.
Charge people who accidentally used their Java SDK.
They used to sell a pretty good (if complex) database system. However it hasn’t been popular for many years. I assume they still have big customers who are locked in.
These days they’re just another amorphous “cloud service provider”, and not a good one either.
I’ve been a software engineer for over 20 years now and tbh I couldn’t tell you even if my life depended on it. I know it’s a shit tier hosting service that people use because they offer 5$ worth virtual server for free with a valid credit card but that’s about it.
It’s one of those ancient paper shuffling IT companies that is 95% sale/middle mamager leeches, 5% wizard engineers carrying everything on their shoulders.
Sounds a lot like IBM.
At least IBM used to be cool and gave us things like SQL, DRAM and Thinkpads. Other than Java kits I couldn’t name a single useful initiative from Oracle. They just take existing inventions and shuffle enterprise papers.
Used to be cool…you might want to look a little bit further into IBMs past, specifically what they were doing during WW2…
All is justified if it gave us Thinkpad 🙂↕️
The tech is still cool. Doesn’t mean IBM didn’t deserve to be dissolved and it’s entire staff shoved into a wood chipper post war for aiding and abetting genocide. Kinda like the V1s and V2s, fun fact my great grandfather worked on those and Stukas, shame the Navy posted him in fucking Florida.
Yes and like IBM they are in the business of getting out of business, and business is good!
DATACENTERs apparently, especially for AI.