Over the past few weeks, several US banks have pulled off from lending to Oracle for expanding its AI data centres, as per a report.

  • Hanrahan@slrpnk.net
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    16 hours ago

    perhaps but one example, Commonwealth Bank (largest Australian Bank and in the top 10 worldwide AFAIK) in Australia said they were dismissing 1000’s of staff because of AI, turned out they were just offshoring. The latter is seen positively apparently, the former not so much.