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A.I. Is Running on Borrowed Money (www.nytimes.com)

submitted 1 month ago by Some_Emo_Chick@lemmy.world 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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[–] ZILtoid1991@lemmy.world 6 points 1 month ago*

We could have prevented this, but the boomers were cheering that their sons have to go back to the factories from all the office jobs, AI promised to automate...

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