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A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 1 month ago by to c/technology@lemmy.world
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Risk is rising as big tech companies like Oracle — the ultimate financial source of the Ellison media empire — need to turn to the bond market for staggering sums to finance data centers.

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[–] 40 points 1 month ago (2 children)

Fun fact, over half of the S&P 500 have market caps over 10x revenue.

This has not ended well for companies in the past.

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