return2ozma@lemmy.world to

Technology@lemmy.worldEnglish · 2 days ago

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

163

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

return2ozma@lemmy.world to

Technology@lemmy.worldEnglish · 2 days ago

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Chat

inari@piefed.zip
link
fedilink
English
arrow-up
11·
2 days ago
It’s not gonna end well for Oracle, is it?

Technology@lemmy.world

technology@lemmy.world

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@lemmy.world

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related news or articles.
Be excellent to each other!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
Check for duplicates before posting, duplicates may be removed
Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

3.6K users / day
9.07K users / week
16.4K users / month
30.9K users / 6 months
1 local subscriber
83.3K subscribers
5.77K Posts
191K Comments
Modlog