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.
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.
I was listening to a finance YT vid last night and the dude said if it wasn’t for the enormous AI spend, the US would be deep in a technical recession now.
obviously the fault of immigrants and those on food stamps though /s
Those damn immigrants taking up all of the best landscaping, slaughterhouse, roof tarring, and crop picking jobs.
We are in a deep recession?
The enormous AI spend isn’t going to me, or you, or anyone I ever met.
True, but line isn’t going down yet.