AI cash bonfire spooks investors
Big Tech is shovelling cash into AI furnaces so fast that even its old money-printing…
Oracle
Oracle faces $7 billion power snag
Oracle’s Wisconsin data centre plans have hit a $7 billion collateral wall, just as its…
AI contracts look less certain than promised
The AI boom is being glued together by vast contracts that could peel apart the…
Oracle’s woes become more woeful
Oracle has lobbed 21,000 workers overboard while promising AI will somehow justify the expensive bloodletting.…
Oracle’s AI bill frightens investors
Oracle wants to blow $70 billion on data centres next year, while flat sales guidance…
Oracle’s AI debt tests Wall Street
Oracle’s AI land-grab has smashed into a dull but deadly problem as lenders decide they…
Oracle trims Seattle as AI bills pile up
The company laid off 491 Seattle workers, part of wider cuts as it splurges on…
Oracle waves earnings at investors while piling into AI data centres
Oracle shares climbed as much as 10 per cent on Tuesday after the outfit beat…
TikTok deal lands Trump in court
An anti-corruption group has filed a lawsuit against Donald Trump and Attorney General Pam Bondi…
Nvidia’s $100bn wobble puts Oracle in firing line
If Nvidia ends up investing far less than $100 billion in OpenAI, it raises awkward…