sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 3 days ago

AI bet goes awry: Oracle fires 21,000 employees

cross-posted to:
hackernews@lemmy.bestiver.se

684

AI bet goes awry: Oracle fires 21,000 employees

sanitation@lemmy.today to

Technology@lemmy.worldEnglish · 3 days ago

cross-posted to:
hackernews@lemmy.bestiver.se

AI bet goes awry: Oracle fires 21,000 employees | The Jerusalem Post

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.

Chat

gravitas_deficiency@sh.itjust.works
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3 days ago
Yeah no they’re 100% gonna get bailed out. All they have to do is kiss the ring and they’re golden.

But fuck all of us, I guess.
- unitedwithme@lemmy.today
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  Butt* fuck?
  
  Ftfy
  - quandang@lemmy.world
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    3 days ago
    Opportunity wasted
- moustachio@lemmy.world
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  3 days ago
  If they try to bail them out, we all stop working and mobilize. Don’t spread defeatism for them.

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