Veserr@sh.itjust.works to Technology@lemmy.worldEnglish · 9 days agoTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comexternal-linkmessage-square28linkfedilinkarrow-up11arrow-down10
arrow-up11arrow-down1external-linkTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comVeserr@sh.itjust.works to Technology@lemmy.worldEnglish · 9 days agomessage-square28linkfedilink
minus-squareCompactFlax@discuss.tchncs.delinkfedilinkEnglisharrow-up0·8 days 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-squareearthworm@sh.itjust.workslinkfedilinkEnglisharrow-up0·8 days agoI’m sure Larry will be just fine
minus-squareEncrypt-Keeper@lemmy.worldlinkfedilinkEnglisharrow-up0·8 days 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.
I’m sure Larry will be just fine
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.