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.


https://www.cnbc.com/2026/01/26/ai-wasnt-the-biggest-engine-of-us-gdp-growth-in-2025.html