Research Director at XTB
Research director warning about circular AI investments among big tech companies and vulnerability to investor confidence loss
How media typically covers Kathleen Brooks
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Oracle's stock plummeted 15% ($70 billion market value loss) after reporting weaker-than-expected quarterly growth and announcing a 40% increase in AI capital expenditure to $50 billion, raising concerns about unsustainable AI spending financed by mounting debt.
“Research director warning about circular AI investments among big tech companies and vulnerability to investor confidence loss”