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Further developments followed on December 9 from theFly, where Jefferies stated that OpenAI’s hiring of Denise Dresser, the ...
This unprecedented infrastructure spending spree signals massive opportunity or dangerous overreach in an overheated AI ...
A notice on top of its website says "the well has run dry." The Department of Agriculture has posted a notice on its website warning that Supplemental Nutrition Assistance Program (SNAP) benefits ...
From a sell-off in Nvidia shares to Oracle’s plunge after reporting mounting spending on AI, signs of skepticism are increasing. Read more at straitstimes.com. Read more at straitstimes.com.
Oracle's CapEx-to-revenue ratio has gone from 13% in FY2024 to 37% in FY2025 to an estimated 75% in FY2026. But their CapEx-to-infrastructure revenue ratio can range from 101% to 206%. This is a tax ...
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Sterling eased after data showed the UK economy unexpectedly shrank in the three months to October. Sterling weakened 0.28% to $1.3348. The dollar index, which measures the greenback against a basket ...
Bloomberg reported Oracle had delayed by a year the delivery of some data centers it's developing for ChatGPT maker OpenAI.
Oracle stock fell after Bloomberg reported that some data centers it is making for OpenAI will be pushed to 2028 from 2027.
ORCL stock declined as the company faces execution risks in scaling AI and cloud capacity. Oracle denies delay.