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
I cannot wait for them to liquidate all that ram

They’re not using dram sticks you can put into your computer. The best we can hope for is manufacturers shifting production back to consumer RAM.

But your income/spending power may very well be reduced to where you can’t order that RAM anyway as a result of the economy collapsing.