alt Hacker NewsOracle is getting sold because of how much capex they're spending on new data centers in the middle of a high rates environment. It's not like they're stockpiling cash due to doubting AI.
Oracle is getting sold because of how much capex they're spending on new data centers in the middle of a high rates environment. It's not like they're stockpiling cash due to doubting AI.
Oracle had not entered into my thoughts at all; I know they do some cloud stuff but they are in a very different position than OpenAI or Anthropic or Google.