AI Debt Jitters Hit CoreWeave and Oracle as Chip Stocks Sell Off Worldwide
CoreWeave plunged as its bond yields neared 15%. Oracle fell nearly 9%. Hot U.S. inflation and trillion-dollar AI capex plans are colliding with higher borrowing costs.
Section
Tech
Democrats Roll Out AI Safety Plans as the White House Bets on a Voluntary Industry Pact
Cantwell wants mandatory pre-release testing and audits. Trump says the industry should practice 'tremendous self-regulation.' Congress is unlikely to act before the election.