CNBC’s Jim Cramer emphasized the urgent need for OpenAI to secure substantial funding to settle its financial obligations to Oracle, a key partner. Cramer cautioned that without raising cash soon, the entire data center sector could face severe downturns. While artificial intelligence stocks saw a brief rally, scrutiny remains over the capital-intensive hyperscaler model and its implications for the market. OpenAI’s commitment to a $300 billion payment to Oracle has raised investor concerns, particularly after Oracle’s $18 billion bond issuance. Cramer suggested that OpenAI should capitalize on its current valuation and aim to raise $200 billion to sustain infrastructure spending in data centers. He expressed optimism about OpenAI’s funding potential but warned of the company’s “monster hubris.” The outcome of this fundraising could dictate the future trajectory of data center stocks, highlighting the sector’s sensitivity to investment fluctuations. For more insights, read Jim Cramer’s Investing Guide.
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