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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres (www.livemint.com)

submitted 1 day ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Infamousblt@hexbear.net 23 points 1 day ago (2 children)

Oh I remember reading a month or so ago that the first biggest sign of the AI collapse was "Watch what happens at Oracle's upcoming earnings call in March."

Looks like it's not going well for the AI bubble

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[–] yogthos@lemmy.ml 10 points 1 day ago

lol yup

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[–] hitmyspot@aussie.zone 2 points 1 day ago

Glad the Ellison wasted their money on blocking Netflix from monopoly then.

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