Veserr@sh.itjust.works to Technology@lemmy.worldEnglish · 17 hours agoTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comexternal-linkmessage-square23fedilinkarrow-up1190
arrow-up1190external-linkTech giant Oracle cuts 21,000 jobs as it embraces AIwww.bbc.comVeserr@sh.itjust.works to Technology@lemmy.worldEnglish · 17 hours agomessage-square23fedilink
minus-squareCompactFlax@discuss.tchncs.delinkfedilinkEnglisharrow-up36·14 hours 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-squareEncrypt-Keeper@lemmy.worldlinkfedilinkEnglisharrow-up1·edit-22 hours 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.
minus-squareearthworm@sh.itjust.workslinkfedilinkEnglisharrow-up5·5 hours agoI’m sure Larry will be just fine
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.
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.
I’m sure Larry will be just fine