BlockBeats News, October 8th, a report causing concerns about profitability in the artificial intelligence industry led to an overnight drop in the US stock market, impacting Bitcoin’s price slightly. US media The Information reported that internal documents show that the cloud computing division under Oracle, which provides services to OpenAI and other companies, currently has a relatively small profit scale. After the news was released, Oracle’s stock price dropped along with other tech stocks. Earlier on Monday, due to the US government shutdown and political concerns in other regions, investors sought alternative assets, causing Bitcoin’s price to reach a historical high of $126,223. (FXStreet)
