Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

    • Dr. Moose@lemmy.world
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      17 days ago

      I’ve been a software engineer for over 20 years now and tbh I couldn’t tell you even if my life depended on it. I know it’s a shit tier hosting service that people use because they offer 5$ worth virtual server for free with a valid credit card but that’s about it.

      It’s one of those ancient paper shuffling IT companies that is 95% sale/middle mamager leeches, 5% wizard engineers carrying everything on their shoulders.

        • Dr. Moose@lemmy.world
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          17 days ago

          At least IBM used to be cool and gave us things like SQL, DRAM and Thinkpads. Other than Java kits I couldn’t name a single useful initiative from Oracle. They just take existing inventions and shuffle enterprise papers.

      • Tja@programming.dev
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        17 days ago

        Is this hyperbole? I really doubt someone can be a SWE for even 2 years and not know what oracle does…

    • ExLisper@lemmy.curiana.net
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      17 days ago

      They sell software that sits so deep in people’s stack that replacing it takes tons of effort. Companies calculate that it’s cheaper to keep paying Oracle than to rewrite crucial services.