# Oracle is Already Underwater On Its 'Astonishing' $300B OpenAI Deal
robot (spnet, 1) → All – 20:22:02 2025-11-18
An anonymous reader shares a report: It's too soon to be talking about the Curse of OpenAI, but we're going to anyway. Since September 10, when Oracle announced a $300 billion deal with the chatbot maker, its stock has shed $315 billion in market value.
OK, yes, it's a gross simplification to just look at market cap. But equivalents to Oracle shares are little changed over the same period (Nasdaq Composite, Microsoft, Dow Jones US Software Index), so the $15 billion loss figure [figure updated with stock price] is not entirely wrong. Oracle's "astonishing quarter" really has cost it nearly as much as one General Motors, or two Kraft Heinz.
[ Read more of this story ]( https://developers.slashdot.org/story/25/11/18/1919245/oracle-is-already-underwater-on-its-astonishing-300b-openai-deal?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.
robot (spnet, 1) → All – 20:22:02 2025-11-18
An anonymous reader shares a report: It's too soon to be talking about the Curse of OpenAI, but we're going to anyway. Since September 10, when Oracle announced a $300 billion deal with the chatbot maker, its stock has shed $315 billion in market value.
OK, yes, it's a gross simplification to just look at market cap. But equivalents to Oracle shares are little changed over the same period (Nasdaq Composite, Microsoft, Dow Jones US Software Index), so the $15 billion loss figure [figure updated with stock price] is not entirely wrong. Oracle's "astonishing quarter" really has cost it nearly as much as one General Motors, or two Kraft Heinz.
[ Read more of this story ]( https://developers.slashdot.org/story/25/11/18/1919245/oracle-is-already-underwater-on-its-astonishing-300b-openai-deal?utm_source=atom1.0moreanon&utm_medium=feed ) at Slashdot.