This is the firm whose debt is one level above junk and whose survival as a single unbroken corporate entity is fully predicated on OpenAI being able to make money from the data centres they (Oracle) are building for them, let alone simply paying for them.
I accept @jerf's explanation is the right one but this is an absolutely almighty signal that AI-first developers should heed. And someone should ask Altman about it on the record.
I don't think you should take "AI-first developers" seriously as a category.
The people you refer to are delusional idiots and should be treated as such.