AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post
www.jpost.com
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.
  • moustachio@lemmy.worldEnglish
    2·
    16 hours ago

    If they try to bail them out, we all stop working and mobilize. Don’t spread defeatism for them.