19:59
2026-07-16
thenextweb.com
ai-infrastructure
Oracle is one notch above junk after S&P downgrade as AI data-centre spending burns through cash
S&P downgraded Oracle to BBB-, one notch above junk, on July 9 as its $250 billion AI data-center expansion burns through cash, with free cash flow turning deeply negative at nearly -$24 billion. Orac…