Thread regarding Oracle Corp. layoffs

ORACLE HIT WITH $7B DEMAND FROM POWER CO, RATING DOWNGRADE PLACES PROJECTS IN JEOPARDY

https://thenextweb.com/news/oracle-wisconsin-datacentre-power-7-billion-collateral

To guarantee the electricity for a single AI data centre in Wisconsin, Oracle says it could have to post more than $7 billion in collateral, plus over $100 million a year. The regulator behind the rule will not back down, and a fresh credit downgrade suggests it has a point.

https://www.youtube.com/watch?v=6A9QibZBDuE


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Post ID: @OP+1ky8rvdfm

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And if by magic a $7b windfall comes from Larry’s friend in the way of a contract for the same amount. Hmmmmmmmm

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