Steve Eisman thinks the AI boom rests on a narrow foundation. The Big Short investor who bet against the U.S. housing market before the 2008 crisis now argues that record AI infrastructure…
Category: Oracle
Oracle’s $10B AI gamble leaves employees and market bleeding
Oracle just made history for the worst possible reason. The cloud computing giant axed 30,000 jobs in a single day, the largest one-day workforce reduction in tech history. The company tied the…