nygazet.com logo
Oracle is the canary in the coal mine for Big Tech’s debt-fueled AI spending spree
business

Oracle is the canary in the coal mine for Big Tech’s debt-fueled AI spending spree

•
1 min read
•
MarketWatch

Look at Oracle if you want to assess the sustainability of the AI investment boom: Its credit default swaps are emerging as a way to “hedge the entire debt cycle within AI.”

For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion relationship with OpenAI that would more than double its rev... [379 chars]

Read Original Article

Source: MarketWatch

Visit Source

Share this article

TwitterFacebook
Back to business news