Gauge of Oracle’s Credit Risk Hits Fresh All Time High
A measure of Oracle Corp.’s credit risk hit a record high on Friday as concerns grew about both the company’s aggressive cash-burn and the future profitability of its artificial intelligence...
By Charlotte Plaskwa · Bloomberg Markets
A measure of Oracle Corp.’s credit risk hit a record high on Friday as concerns grew about both the company’s aggressive cash-burn and the future profitability of its artificial intelligence investments amid a new Chinese model that could rival offerings from companies like OpenAI.