Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.
  • orca@orcas.enjoying.yachts
    23·
    3 days ago

    The AI bubble is getting ready to burst.

    The desperation here lmao

    As part of its strategy, Oracle has begun requiring clients to help build infrastructure, per the CIO report, citing TD Cowen. This effectively translates to asking clients to shoulder part of the cost, according to the investment bank.