Did someone over leverage themselves on AI datacentre buildouts paid for with money that doesn’t exist?

Cry me a river, Larry. I hope you die impoverished.

One rich asshole called Larry Ellison

And then they release a Security Patch Update, but don’t release the patches needed until a week later. So I had a document urging me to install an unavailable patch.

I'm so glad I never pursued Oracle DB as a career, I was considering it at one point in the early 2000s, even went to school. I would have been making a good $100k+ a year instead of struggling along, but at least I still have a soul :P

In other words Oracle bosses do something very scummy and blame it on AI, hoping people will be angry at it instead of where the blame really lies.

It seems Larry wants to be alone with his AI.

The reverse should be hilarious. Anyone reading this applying for jobs there should not take a fucking offer below premium, because that's what they are trying to do.

This fascist piece of dickskin is just as dangerous as Thiel and musk.

Fuck that shithole company

Your first mistake was working for Oracle. They've always been a shit company.

That’s 10,000 medium-sized businesses closed overnight.

Goddamn.

Oracle is in a really bad position financially on ai. Is this the beginning of the downfall?

Just proves how dumb they fucking are. Software industry is gonna be a mess real soon.

Is there anyone left at Oracle?

It's going to embrace bankruptcy soon at this rate

That's good, I guess? Most businesses who license Oracle should see their rates go down considerably. Right? /s

Gotta fund those data centers somehow.

And now they will probably raise prices too.

Fuck Ellison.

Can’t wait for it to violently collapse under its own stupidity.

"Embracing AI" means laying off 21,000 people for more compute hardware.

Anyone involved in creating deep/artificial neural networks knows that there are diminishing returns for the "fidelity" of language models when scaling compute capacity; "scaling" does very little in the face of the limitations of the current paradigms of SoTA frontier models' architectures.

Simply put, they're so stupid, they fired the people who could maybe innovate for more hardware... that requires many of the very same smart people they told to kick rocks in the first place.

I really hope Oracle and their false position of superiority dies off.

"Embraces ai" = made bad business decisions

Thank you dumbasses for naming your company "Oracle", it makes the stupidity and shortsightedness of this so much funnier!

Great! Now they just have to do all the rest.