Suche
Mein Konto
Oracle relies on AI: job cuts in Seattle trigger market fears!
Oracle is investing heavily in artificial intelligence, but is cutting jobs in the cloud division. Market developments after cuts.
Oracle relies on AI: job cuts in Seattle trigger market fears!
Oracle has embarked on a significant restructuring of its business strategy and is shifting its focus to artificial intelligence (AI). In this context, however, there are also accompanying measures such as job cuts in the cloud division. How boerse-express.com Reportedly, 161 jobs will be cut in Seattle. Job cuts are also planned in India and Canada. The background for these drastic measures is the high costs of the necessary investments in AI infrastructure.
Oracle plans to offer Google's Gemini AI models through its cloud services through a strategic partnership with Alphabet. This venture is intended to secure Oracle a leading role in the rapidly growing AI market. However, the stock market's reaction to the latest job cuts was negative: on August 13, the company's shares fell by over four percent. Institutional investors are divided about future developments, while private investors are more optimistic.
Development of the AI strategy
The uncertainty surrounding Oracle's stock also reflects a general lack of clarity about the next trend. Similar to other technology companies in the industry, the future of Oracle's AI strategy is crucial and will be closely watched in the coming quarters. Analysts and market observers are waiting to see how the company will transform from a cloud service provider to a major player in AI.
Another interesting medical context is the disease Hidradenitis suppurativa (HS), which, although not directly related to Oracle's business, cannot be ignored in discussions about health and technology. HS is a chronic skin disease that can result in painful, inflamed lesions. These often occur in areas where skin surfaces rub against each other, such as the armpits or groin. In severe cases, the lesions can be connected by tunnel-like structures under the skin and leave significant scarring that can severely impact the sufferer's quality of life.
The findings about HS as they appear niams.nih.gov shown show how important innovative approaches are in the treatment of such chronic diseases, which could ultimately benefit from advances in AI technology. The intersection between health technology and AI developments is an exciting field that could become more relevant in the coming years.