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Oracle's AI Bet: Layoffs & Mega-Deals

Oracle's AI Bet: Layoffs & Mega-Deals

Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!

March 31, 20261m 23s

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Show Notes

Oracle, facing intense competition and market volatility, announces significant layoffs while securing a massive deal with OpenAI. The software giant is investing heavily in AI infrastructure, despite a decline in shares and concerns about core database business.

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