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"Investors are increasingly antsy about seeing at least some indication that the hundreds of billions of dollars now being spent on data centers will eventually turn into profitable investments," writes Matt Phillips. "Oracle's results late Wednesday didn't offer them much." #DataCenters #AI
9h
The hyperscaler has burned through some $23.7 billion in cash so far this year
www.axios.com
Oracle's data center spending worries investors
Ken Bazinet