$Oracle(ORCL)$  I respect Michael Burry and his skepticism, but his view that AI demand will dry up or that GPU replacement costs aren't factored into financial models feels like a pretty naive read on how tech firms have historically made upfront investments, weathered negative cash flows as markets mature, and then built massive moats — Amazon, Google, Meta, Microsoft, and others come to mind. Financially, Oracle's big bet might look like pushing all its chips in, but the CFO and executives running the company, along with the teams at Microsoft and Amazon, see real ROI and a financial model backed by a massive, real backlog of demand. That gives them confidence that their capital expansion will translate into immediate revenue and max utilization once deployed. On the OpenAI side, the fact that their model improvements are becoming significantly more efficient is only bullish to me. It should boost confidence in corporate America to invest further, especially when so many conversations right now are still about token cost and budget risk. Realizing the benefits are compounding reinforces that bullish case. His doubts about OpenAI's ability to succeed really need to be reassessed based on the latest round of models they've released — models that lead the industry and reinforce that they have the secret sauce to succeed, and that their revenue growth will continue. That also raises their profile with creditors, who will likely keep funding them until they reach true profitability.