RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 8 days ago

Oracle fires 21,000 employees to fund AI spending

90

Oracle fires 21,000 employees to fund AI spending

RSS Bot@lemmy.bestiver.seMB to Hacker News@lemmy.bestiver.seEnglish · 8 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.

Chat

inmate_p01135809@lemmy.world
link
fedilink
English
arrow-up
7·
8 days ago
Have you met Oracle? They seem to thrive on self-inflicted injuries

Hacker News@lemmy.bestiver.se

hackernews@lemmy.bestiver.se

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: !hackernews@lemmy.bestiver.se

Community locked: only moderators can create posts. You can still comment on posts.

Posts from the RSS Feed of HackerNews.

The feed sometimes contains ads and posts that have been removed by the mod team at HN.

Source of the RSS Bot

Visibility: Public

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

369 users / day
1.5K users / week
3.76K users / month
9.63K users / 6 months
3 local subscribers
5.24K subscribers
30.3K Posts
20.4K Comments
Modlog