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Items tagged with: Stargate
RE: social.heise.de/@heiseonlineen…
the Ellisons’ #Oracle mafia are behind
- the killing of CBS tv and radio
- the #Paramount - #WarnerBrothers merger
- more than 30,000 laid-off tech workers since 2025
- the #Stargate capitalist welfare grift that includes #NVidia #OpenAI #Softbank
- the herpes-like spread of ecocidal data centers
if you’ve been waiting for a sign of the #AI implosion, this is the official beginning.
Oracle has its tentacles all over the #aislop push. now their stock is junk.
S&P downgrades Oracle to BBB- – only one notch above junk levelS&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
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.Carolin Riethmüller (heise online)
"It was to be the biggest undertaking in Britain for OpenAI, the company behind ChatGPT. Stargate UK – a multibillion-pound UK datacentre project – would represent “a major step forward in the US-UK technology partnership”.
But the plans were paused in April, with an OpenAI spokesperson citing concerns over regulation and high energy costs.
Now the Guardian can reveal that OpenAI does not appear to have visited one of Stargate UK’s key sites – and that £20bn of the “potential” £30bn in investment touted by the UK government appears to have been totally hypothetical.
The findings raise questions about one of the most-hyped UK AI developments, and suggest a centrepiece of US-UK AI cooperation was in fact little more than a press release."
theguardian.com/technology/202…
#AI #OpenAI #UK #Stargate #StargateUK
OpenAI’s apparent failure to visit key site raises questions over UK investment
Exclusive: £20bn of ‘potential’ £30bn AI investment touted by UK ministers appears to have been hypotheticalAisha Down (The Guardian)
