Jim Cramer’s Must Read Comments About Oracle (ORCL) & OpenAI

We recently published 10 Stocks Jim Cramer Talked About & Revealed Why He’s Critical Of OpenAI. Oracle Corporation (NYSE:ORCL) is one of the stocks Jim Cramer talked about.

Oracle Corporation (NYSE:ORCL) is one of the biggest enterprise resource planning and AI infrastructure providers in the world. It has been a frequent feature of Cramer’s morning show as he has discussed its close relationship with OpenAI. Cramer believes that the money from OpenAI is key to Oracle Corporation (NYSE:ORCL)’s success. In this appearance, discussed a Financial Times piece discussing the firm’s former CEO, Safra Catz, its borrowing for AI, and its relationship to OpenAI. Cramer mentioned the piece and discussed the relationship in broad overtones:

“[On how firm struggled to sell 2.5 billion in bonds] Look the most damaging thing about Oracle, what a fabulous piece today in the Financial Times. I mean, a must read piece. And it talks about, how Safra Catz, Oracle’s sole chief executive from 2019 until she stepped down in September, resisted expanding its cloud business because of the vast expense required.

“Oracle is part of the whole chain, it’s Oracle, it’s all with OpenAI, it starts with Sam Altman. Remember, these are people you are not allowed to criticize. When I say not allowed it means that when you say it, you have to be ready for some blowback. I work for the people who watch us, and they need to know that I think this thing is not nearly as on as terra firma as the other companies. And they have to, I mean if I were, if they owned me 10 billion dollars, I would want that right now. I would say listen I’ll take the 10 billion, and then I’ll build you all the data centers that you want in the Mohave desert where you can’t wait to get them.”

While we acknowledge the risk and potential of ORCL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than ORCL and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.