Fuck AI@lemmy.world · 17 days ago

S&P downgrades Oracle to BBB- – only one notch above junk level

www.heise.de

S&P downgrades Oracle to BBB- – only one notch above junk level

www.heise.de

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Fuck AI@lemmy.world · 17 days ago

S&P Global has downgraded Oracle's rating due to massive AI investments. The company is now only one notch away from the speculative territory.

Paywall? https://removepaywalls.com/3/https://www.heise.de/en/news/S-P-downgrades-Oracle-to-BBB-only-one-notch-above-junk-level-11363472.html

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17 days ago
We’re going to need popcorn … lots of popcorn.

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A place for all those who loathe AI to discuss things, post articles, and ridicule the AI hype. Proud supporter of working people. And proud booer of SXSW 2024.

AI, in this case, refers to LLMs, GPT technology, and anything listed as “AI” meant to increase market valuations.

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