Tech Down as AI Disruption Risks Persist — Tech Roundup

Shares of technology companies ticked down as fears about disruption from artificial-intelligence advances persisted.

Oracle, a business software firm, preempted the ontological threat posed by AI agents to its core business by going all-in on AI, becoming one of the biggest backers of data centers. Investors are wary of Oracle's exposure to both competitive and over-building AI risks. Shares of the company are now down by more than 50% from their September peak, a reflection of a broader reassessment of AI investment risks.

Activist investor Starboard Value plans to push for a shake-up of Tripadvisor's board, stepping up pressure on management after taking a stake in the travel site operator last year.

India's Adani Group, an energy and logistics conglomerate, said it would invest $100 billion to develop large-scale data centers by 2035, the largest such commitment in India so far, as the South Asian nation looks to become a global leader in artificial intelligence.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

February 17, 2026 18:40 ET (23:40 GMT)

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