Veserr@sh.itjust.works to Technology@lemmy.worldEnglish · 2 months agoTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comexternal-linkmessage-square26linkfedilinkarrow-up1184arrow-down15
arrow-up1179arrow-down1external-linkTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comVeserr@sh.itjust.works to Technology@lemmy.worldEnglish · 2 months agomessage-square26linkfedilink
minus-squareCompactFlax@discuss.tchncs.delinkfedilinkEnglisharrow-up34·edit-22 months agoDid someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist? Cry me a river, Larry. I hope you die impoverished.
minus-squareEncrypt-Keeper@lemmy.worldlinkfedilinkEnglisharrow-up2·2 months agoYes they laid these folks off for the express purpose of funding more datacenter buildouts because they were not funding banks willing to to loan them the capital.
Did someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist?
Cry me a river, Larry. I hope you die impoverished.
Yes they laid these folks off for the express purpose of funding more datacenter buildouts because they were not funding banks willing to to loan them the capital.