lumpenproletariatMar 7

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News

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.

Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres

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.

mint
Show threadExLisperMar 8
This looks desperate. They already sold $300B worth of data center capacity to OpenAI and this move will save them up to $10B.
Show threadboonhet

They’re supposedly depreciating their GPUs over 7 years. Apparently these data center GPUs are only used for about 3, as the generational improvements in efficiency almost dictate you replace them + the first stragglers start failing around that mark anyway

They could actually be proper fucked financially if they’re cooking their books like that to seem more profitable than they are.

Mar 8 at 11:36amWeb
Show threadNutWrenchMar 8
Also, I doubt a GPU that’s been on blast 24/7 for the last couple of years will be worth much at auction. Might as well bury them in the same landfill as the data center.
Show threadboonhetMar 8

These GPUs are useless outside of data centers anyway. Take the current gen, the B200. No DirectX or Vulkan support or even OpenGL I believe. Power usage about a kilowatt. SXM rather than PCI-E so it’s not like you can run it on a desktop motherboard.

They’re literally e-waste after a few years.