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Oracle AI: Data center splurge at risk, company issues warning
The AI gold rush is certainly heating up wallets and minds. But some big players are starting to tap the brakes, or at least hedge their bets.
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Saturday, August 1, 2026
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The AI gold rush is certainly heating up wallets and minds. But some big players are starting to tap the brakes, or at least hedge their bets.

While everyone's debating how artificial intelligence will transform work, Oracle stopped talking and got to business. In twelve months it fired 21,000 people — roughly the size of a small town — and AI is, well, partly to blame.
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