Oracle cuts 21,000 jobs in a year, citing AI workforce changes

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Oracle Corp. has decreased its workforce by 21,000 employees over the last year, a figure that surpasses earlier estimates, encompassing individuals whose positions were rendered obsolete due to the implementation of artificial intelligence. “The adoption and deployment of AI technologies Read More …

America’s stock market is booming, yet AI remains the focus

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Plans for blockbuster initial public offerings by AI companies are capturing the attention of Wall Street. Anthropic on Monday made a significant move towards its initial public offering. Rival OpenAI is anticipated to submit its application for an initial public Read More …