Oracle shed about 20k roles globally in the last year(bbc.com)

83 points by Lyngbakr 4 months ago | 84 comments

OpenAI is walking away from expanding its Stargate data center with Oracle(cnbc.com)

375 points by spenvo 7 months ago | 220 comments

CNBC article reporting that OpenAI is walking away from expanding its Stargate data center with Oracle, and examining Oracle's debt-funded AI buildout.

Banks are now trying to offload the AI data center debt they just underwrote(startupfortune.com)

341 points by smartmic 11 days ago | 237 comments

Startup Fortune article reporting that JPMorgan, MUFG and other banks are struggling to distribute $38 billion in construction debt for Oracle-leased AI data centers.

Nvidia backs AI data center startup Nscale as it hits $14.6B valuation(cnbc.com)

37 points by voxadam 7 months ago | 37 comments

IBM CEO says there is 'no way' spending on AI data centers will pay off(businessinsider.com)

754 points by nabla9 10 months ago | 849 comments

Business Insider article reporting IBM CEO Arvind Krishna's view that trillions spent on AI data centers won't pay off at current infrastructure costs.

Oracle fires 21,000 employees to fund AI spending(jpost.com)

44 points by DemiGuru 3 months ago | 5 comments