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Technology@lemmy.worldEnglish · 2 months ago

Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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Oracle cutting thousands in latest layoff round as company continues to ramp AI spending

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Technology@lemmy.worldEnglish · 2 months ago

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

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2 months ago
and this is their stock over the past 6 months btw.

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