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Technology@lemmy.worldEnglish · 2 days ago

AI bet goes awry: Oracle fires 21,000 employees

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AI bet goes awry: Oracle fires 21,000 employees

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Technology@lemmy.worldEnglish · 2 days ago

AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post

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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ZILtoid1991@lemmy.world
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12 hours ago
Besides the usual CEO shenanigans, they really want AI to succeed, to replace usually leftist intellectuals with a far-right AI.

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