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Oracle's Contradiction: Laying Off Staff While Borrowing Billions for the AI Buildout
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Oracle's Contradiction: Laying Off Staff While Borrowing Billions for the AI Buildout
There is a peculiar tension at the heart of Oracle’s current strategy. The software giant is simultaneously executing two moves that, on the surface, appear to pull in opposite directions: it is borrowing tens of billions of dollars to finance an aggressive expansion of its cloud and quantum computing ambitions, while at the same time […] The post Oracle’s Contradiction: Laying Off Staff While Borrowing Billions for the AI Buildout appeared firs…
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