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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.

heise.de/en/news/S-P-downgrade…

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


almost as if this Ai Hype has been a scam all along.

  • Like NFTs, Shitcoins, Cloud Computing, Microservices, Offshore Outsorcing, Gig Work, …
    • No wounder we get Greedflation, when Execs never face Accountability & Consequences for chossing Buzzword-Driven Business Development against all facts!


#Sarcasm #Commentary #BuzzwordDrivenDevelopment #BuzzwordBingo #AI #AIslop #Scam #Economy #Greed #Greedflation #LackOfAccountability #LackOfConsequences #Accountability #Consequences #Executibes #Shitcoins #CloudComputing #Microservices #Offshoring #Outsorcing #GigWork

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