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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


This is a support request I received today. In its entirety. That’s it. That’s the whole message.

I don’t work in IT. This is from someone in my family. This is what it’s like to be a technologist in a family of luddites. 😂

#Technology #IT #SupportRequest #Luddites