this post was submitted on 07 Mar 2026
788 points (99.0% liked)

Technology

82414 readers
3968 users here now

This is a most excellent place for technology news and articles.

Our Rules

  1. Follow the lemmy.world rules.
  2. Only tech related news or articles.
  3. Be excellent to each other!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
  9. Check for duplicates before posting, duplicates may be removed
  10. Accounts 7 days and younger will have their posts automatically removed.

Approved Bots

founded 2 years ago
MODERATORS
L3s@lemmy.world
enu@lemmy.world
technopagan@lemmy.world
L4s@lemmy.world
L3s@hackingne.ws
788
Oracle Layoffs: Tech giant to slash 30,000 jobs as banks pull out from financing AI data centres | Company Business News (www.livemint.com)
submitted 1 day ago by Deceptichum@quokk.au to c/technology@lemmy.world
168 comments fedilink hide all child comments
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] rumba@lemmy.zip 66 points 21 hours ago (1 children)

If the banks don't see the value in it, it's only a matter of time

[–] abbadon420@sh.itjust.works 12 points 18 hours ago (1 children)

It's always been just a matter of time

[–] maplesaga@lemmy.world 3 points 15 hours ago

Once that glorified autocomplete turns sentient you'll look like quite the fewel.