Oracle Corp goes for high-stakes ratings gamble in AI strategy

Oracle Corp goes for high-stakes ratings gamble in AI strategy  Reuters

LONDON, Aug 4 : Cloud computing giant Oracle Corp is on the cusp of a junk-grade credit rating and its shares have tanked as the artificial intelligence hyperscaler becomes the fall guy of investors' concerns over the sector's debt-fuelled spending binge. The U.S. multinational is an outlier among top software firms ra