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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.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

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

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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