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Oracle has already leaned in on debt, relative to the other hyperescalers. The company has disclosed more than $248 billion of not-yet-commenced data-center lease commitments and it has borrowings of about $124 billion. Last year, Oracle issued $25.8 billion in notes with maturities dating to 2065 and last month pledged to raise $45 billion to $50 billion more this year, split between debt issuance and equity. On Thursday, Bloomberg reported that Oracle was planning to layoff thousands of employees as it grapples with a cash crunch to finance its data center build out. Oracle declined to comment.

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Just as I said a year ago when Apple unveiled the iPad Air M3, this latest model doesn’t fundamentally change the formula. The Air is a notable step up over the basic iPad, with a more powerful processor, more RAM, a better display and superior accessories like the Apple Pencil Pro and Magic Keyboard. The Air line is also the only way to get a 13-inch iPad without spending $1,300 or more.

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