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Boosted by jonny@neuromatch.social ("jonny (nonvenomous)"):
heiseonlineenglish@social.heise.de ("heise online English") wrote:

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

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.

https://www.heise.de/en/news/S-P-downgrades-Oracle-to-BBB-only-one-notch-above-junk-level-11363472.html?wt%5Fmc=sm.red.ho.mastodon.mastodon.md%5Fbeitraege.md%5Fbeitraege&utm%5Fsource=mastodon

#CloudComputing #IT #KünstlicheIntelligenz #OpenAI #Oracle #Rechenzentrum #Wirtschaft #news