Subject


Oracle


2026-04-01

[News] Oracle Reportedly Slashes Thousands of Jobs as AI Spending Surges

Please note that this article cites information from CNBC, Business Insider, Reuters, and Layoffs.fyi. Oracle is reportedly undertaking job cuts. According to CNBC, sources say the company has begun informing employees that it plans to reduce its workforce by thousands. Business Insider adds tha...

2026-03-16

[News] Meta Reportedly Eyes 20% Job Cuts, Largest Since 2023; ASML Plans 1,700 Layoffs

Major tech companies are once again preparing for layoffs. According to Reuters, sources say Meta is considering broad job cuts that could affect 20% or more of its workforce as the company seeks to offset the heavy costs of AI infrastructure investments. The report adds that no timeline has been se...

2025-10-14

[News] NVIDIA Expands AI Networking Push as Oracle and Meta Adopt Spectrum-X and OCP Technologies

According to Mydrivers, NVIDIA announced that Meta and Oracle will upgrade their AI data center networks using NVIDIA Spectrum-X Ethernet adapters and switches. Meta will integrate the Spectrum-X Ethernet switch into its Facebook Open Switching System (FBOSS) network infrastructure—a software plat...

2024-07-31

[News] Apple Reportedly Adopts Google’s Chips to Train its AI Models instead of NVIDIA’s GPUs

Apple's latest technical document reveals that the two main AI models behind Apple Intelligence are trained using Google's Tensor Processing Units (TPUs) instead of NVIDIA GPUs. According to a report from Commercial Times, this suggests that the demand for NVIDIA chips has outstripped supply, prompt...

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