📌 Can space solve AI’s crisis? Oracle cuts 30,000 workers while half of Earth projects remain stuck – Big tech companies are running into serious problems as they rush to build the massive computer facilities needed for artificial intelligence, with projects getting canceled, workers losing jobs, and some firms even proposing to move operations into space. OpenAI’s plan to build a major facility
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Reports say Oracle is cutting about 30,000 jobs as roughly half of planned Earth-based AI data-center projects stall, triggering cancellations and layoffs.
Big tech is eyeing orbital compute; OpenAI has proposed a major facility as firms seek alternatives. #Macro Insights# #Bitcoin