this post was submitted on 17 Jul 2026
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154
A.I. Is Running on Borrowed Money (www.nytimes.com)
submitted 7 hours ago by Some_Emo_Chick@lemmy.world to c/technology@lemmy.world
25 comments fedilink hide all child comments
 

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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[–] pr06lefs@lemmy.ml 25 points 5 hours ago (2 children)

What's cool is we'll soon be propping these shitbags up with tax money, so the whole thing doesn't go bankrupt.

[–] SaharaMaleikuhm@feddit.org 3 points 24 minutes ago

No worries, it's only American tax payers footing the bill and they voted for this.

[–] dan1101@lemmy.world 14 points 4 hours ago

Too big to fail. Privatize the profits, socialize the losses. Unless we can vote in enough representatives that won't put up with that absolute bullshit.