Another Big layoff at Oracle is coming qz.com/oracle-layoffs-august-ai-debt-081226

What happens to NetSuite if Oracle actually goes under from their all-in bets on AI? Does it just get bought out by another giant conglomerate and resume business as usual?

out of the blue one my buddy called me yesterday, an ex VP of sales at NS who got laid off during last round after 20+ year at NS. During our conversation he mentioned that internally Oracle is having lots of issue due to AI initiative and data centers. He said Oracle is over leveraged on AI, also impacting product development and support big time. So this can be a disaster

Oracle seems to have the biggest exposure across all the hardware, hyperscalers, data centers, etc. that are all wound up in the AI industry. If it goes boom, I would think there would be several spinoffs/acquisitions of their key properties.

$300 billions deal between Oracle and OpenAI is sort of a scam - Oracle is investing that amount in OpenAI in lieu of data center usage and then booking it as future revenue in the book. Creative accounting. Like I am giving @creece $100 bucks so he can buy $100 worth of weed from me 😂😂😂weed

Gotta do what you gotta do 😛

To grow that weed I will be getting rid of some of my street dealers cannot afford them LOL

Maybe Oracle should just pivot and become the worlds largest grower/manufacturer

Funny but true story while back I was offered a job at one of the largest legal weed growers in the world who was using NS, unlimited product sampling was part of the package.

@Sam-I-Am you refused because the offer wasn't good or because the weed wasn't good?

Nope they wanted me to relocate to some small town in Ontario, which can be cold as hell in winter, and I live in Vancouver where we hardly have snow in the winter. Just the cold man, nothing else, though I am originally from Quebec and shed my winter fur long ago.

Hmm, got it. Not sure if weed would help with that or not. Not also sure why you are living in a geometric object, but it sounds nice.

I'm sure it helps but the productivity is probably slow as hell lol