Oracle has cut over 21,000 jobs globally in the past year as it increases its focus on Artificial Intelligence and cloud infrastructure. The company plans to invest around $70 billion in AI-related projects this fiscal year, including data centres, to meet rising demand. Oracle says AI adoption is reshaping operations as it strengthens its position in the rapidly growing AI market.
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Oracle Cuts Over 21,000 Roles Amid Massive AI Investment Push
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