Tag: financing AI


  • Oracle setback rekindles AI spending fears as US tech stocks slide

    Oracle setback rekindles AI spending fears as US tech stocks slide

    US Tech Stocks Weaken on Oracle Data Centre Setback US technology shares slipped on Wednesday after Oracle Corp. reportedly lost a key backer for a major data centre project. The development reignited investor concerns about the escalating costs of artificial intelligence (AI) infrastructure and the mounting debt used to fund aggressive AI ambitions. With the…