Re: AI bet goes awry: Oracle fires 21,000 employees
Mitchell Holman <[email protected]>
| Newsgroups | comp.databases.oracle.server,comp.ai.philosophy,comp.sys.sun.hardware,sac.politics,talk.politics.guns,alt.fan.rush-limbaugh |
|---|---|
| Organization | ViperNews - www.vipernews.com |
| Message-ID | <[email protected]> |
Adam Schitt <[email protected]> wrote in news:[email protected]: > 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. > But we cannot raise the minimum wage "because that would kill jobs".