Oracle risk reward starts to look interesting again

Considering $ORCL again is starting to make sense.
Brad Gerstner said Anthropic and OpenAI combined were doing around 80 billion dollars in revenue, which would put OpenAI near 30 billion dollars of ARR if Anthropic is closer to 50 billion.
If that is right, OpenAI may already be ahead of its own revenue projections.
That matters for $ORCL because a large part of its backlog is tied to OpenAI.
At around 18x forward earnings, the risk reward looks a lot more interesting than it did a few weeks ago.