Tech Companies

An Oracle office in Dubai sustained minor damage from falling debris during Iran’s retaliatory actions. This incident highlights the growing vulnerability of tech infrastructure to geopolitical conflicts, as Iran has declared numerous tech companies, including Nvidia, Apple, and Google, as “legitimate targets.” Experts note tech assets are now considered integral to conflicts, potentially leading to future attacks on data centers and cloud platforms.

Thoma Bravo’s Orlando Bravo warns of an AI valuation bubble, drawing parallels to the dot-com era. He questions high valuations relative to current revenue, citing examples like OpenAI and Palantir. While acknowledging AI’s potential, Bravo emphasizes realistic cash flow projections. He notes the presence of established companies with strong balance sheets differentiates this era from the dot-com bubble, but their strategic investments may create market distortions. He advises investors to exercise caution and due diligence.