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Larry Ellison's AI meltdown

Summary by Philip Elmer‑DeWitt
From Peter Cohan's "Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door" posted April Fool's Day by Forbes.
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

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Philip Elmer‑DeWittPhilip Elmer‑DeWitt

Larry Ellison's AI meltdown

From Peter Cohan's "Oracle’s $10 Billion Bet On AI Sends Shares Down 57% And 30,000 Workers Out The Door" posted April Fool's Day by Forbes.

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Philip Elmer‑DeWitt broke the news on Thursday, April 2, 2026.
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