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Business
fromBusiness Insider
1 day ago

Larry Ellison just lost $25 billion of his net worth in one day

Larry Ellison lost about $25 billion after Oracle shares plunged over 11% following weaker-than-expected earnings and investor concerns about costly AI infrastructure expansion.
Tech industry
fromIT Pro
1 day ago

Oracle's huge AI spending has some investors worried

Oracle will spend $15 billion more than expected next year to expand AI-related infrastructure, impacting its and related companies' stock prices.
#openai
fromFuturism
1 month ago
Artificial intelligence

Sam Altman Loses His Cool When Asked About OpenAI's Minuscule Revenue

fromFuturism
1 month ago
Artificial intelligence

Sam Altman Loses His Cool When Asked About OpenAI's Minuscule Revenue

more#openai
Tech industry
fromThe Motley Fool
4 weeks ago

Meta Stock Has Taken a Massive Hit. Time to Buy? | The Motley Fool

Meta shows accelerating ad-driven growth but faces investor concern due to unprecedented AI infrastructure and capital spending plans that cut free cash flow.
fromwww.mercurynews.com
1 month ago

Meta defies AI spending gloom with record-breaking bond sale

Meta Platforms Inc. found record-shattering demand for its bond sale on Thursday even as its shares plunged, in a sign that bond investors are looking past any concerns about its artificial-intelligence spending plans. The company sold $30 billion of bonds, the largest high-grade US note sale since 2023, drawing the most ever orders at $125 billion. That came on a day where Meta's shares dropped as much as 14%, after it had posted quarterly earnings late Wednesday,
Artificial intelligence
Business
fromGeekWire
3 months ago

Microsoft sets new RTO policy, requiring employees in the office 3 days per week

Microsoft requires employees within 50 miles of Redmond HQ to work on-site three days weekly starting February, stressing in-person collaboration.
US politics
fromwww.mediaite.com
3 months ago

It's Embarrassing': Mark Zuckerberg Roasted After Hot Mic Picks Up Comment to Trump

Mark Zuckerberg told President Trump he 'plucked a number out of his head' about Meta spending $600 billion, prompting viral ridicule and political criticism.
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