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RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 3 months ago

Oracle fires 21,000 employees to fund AI spending

www.jpost.com

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Oracle fires 21,000 employees to fund AI spending

www.jpost.com

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 3 months ago
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  • cross-posted to:
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AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post
www.jpost.com
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Oracle laid off ~13% of its staff to fund a $300B computing deal with OpenAI. Now, a credit downgrade and $7B in required power grid guarantees put the massive project in jeopardy.

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    3 months ago

    One Rich Asshole Called Larry Ellison

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