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.
https://www.heise.de/en/news/S-P-downgrades-Oracle-to-BBB-only-one-notch-above-junk-level-11363472.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon
#CloudComputing #IT #KünstlicheIntelligenz #OpenAI #Oracle #Rechenzentrum #Wirtschaft #news