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Chronicles

The story behind the story

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Sources: JPMorgan and other banks struggled to spread the risk of billions in loans they made to build data centers leased to Oracle in Texas and Wisconsin

Wall Street Journal

Discussion

  • @theblankgeneration @theblankgeneration on bluesky
    Let's hope this signals the end of the “AI” delusion, and the beginning of end of the billionaire oligarch's power.  —  Then we can get onto the tough task of saving our world, for ALL of us.
  • @griffonatrix De Tomaso Panera on bluesky
    Well at least the libs were owned [embedded post]
  • @freeke.org @freeke.org on bluesky
    Sounds a bit 2008-ey
  • r/BetterOffline r on reddit
    Oracle's Deluge of AI Debt Pushes Wall Street to the Limit