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Oracle denies delaying OpenAI data centers to 2028 due to shortages Investors worried about Oracle's debt-fueled AI infrastructure buildout Market sensitive to AI delays, scrutinizing spending payoffs Dec 12 (Reuters) - Oracle (ORCL.N), opens new tab ...
Oracle Corp. is preparing to lay off thousands of workers across its business units to ease a cash shortage caused by its aggressive expansion of AI-powered data centres, a Bloomberg report said, citing people familiar with the plans. The job cuts could ...