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

cross-posted from: https://quokk.au/c/technology/p/732769/oracle-layoffs-tech-giant-to-slash-30000-jobs-as-banks-pull-out-from-financing-ai-data-centr

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.