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    US tech firm Oracle cuts thousands of jobs as it steps up AI spending

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    Source: Guardian Australia
    Published: 2026-04-01 21:20 UTC+10:00
    Section: Oracle
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Transport, Technology & AI, Labour & Workers, Tax & Budget, US Politics
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    Snippet:
    Company chaired by Trump ally Larry Ellison seeks to reassure investors that bet on AI infrastructure will pay off
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