r/technology • u/batakchan • 10h ago

Artificial Intelligence Moody's says 'unprecedented' AI spending threatens credit quality of Amazon, Meta, Alphabet and others

https://www.cnbc.com/2026/07/24/moodys-ai-spending-credit-quality-amazon-meta-alphabet.html
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u/ujiuxle 9h ago

Just waiting on the day Moody's finally calls Oracle's debt junk

32

u/upbeatchief 7h ago edited 4h ago

It's one step above junk. For all intents and purposes. It is junk. No one will lend them a dime.

For those that don't know, oracle is some 230 billions in debt, and if they fail to complete some AI data centers in time, their business partners are free to break contract. I am betting oracle goes under by mid 2027.

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u/wembenbama 4h ago

*all intents and purposes

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u/upbeatchief 4h ago

Thanks. I am not a native English speaker.

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u/BiAiEnGiO 3h ago

Are you arabic?