this post was submitted on 07 Mar 2026
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Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News (www.livemint.com)
submitted 1 day ago by Deceptichum@quokk.au to c/technology@lemmy.world
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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.

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[โ€“] andallthat@lemmy.world 3 points 9 hours ago (1 children)

Ironically the only jobs that Anthropic and OpenAI claim AI won't take. All those newly minted AI billionaires and nobody to maintain their golf courses... How sad is that?

[โ€“] SocialMediaRefugee@lemmy.world 2 points 6 hours ago

What good is being super wealthy if you can't feel superior to other people?