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AI infrastructure

Oracle cuts jobs as AI spending surges

The move follows a substantial reduction in Oracle’s workforce during the company’s latest financial year. Company filings show that its employee count fell by around 21,000, or 13 per cent, during the
September 15, 2026

AI Infrastructure Boom Hits IBM Hard

IBM CEO Arvind Krishna has admitted the company underestimated how quickly customers would redirect technology spending towards artificial intelligence infrastructure. The admission came after the company reported weaker-than-expected preliminary second-quarter results, sending
July 15, 2026
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