This article first appeared on GuruFocus. Software and cloud computing giant Oracle Corp. (ORCL, Financials) is getting a feel for just how costly the AI boom can be. Warning! GuruFocus has detected 6 Warning Signs with ORCL. Is ORCL fairly valued? Test your thesis with our free DCF calculator.ORCL GF Value chart But the corporation is shedding employment while spending billions on the data centers needed to keep up with the surging demand for artificial intelligence. Wall Street thus far seems willing to make that trade-off. Shares of Oracle jumped more than 2% in Thursday premarket trade, adding to gains of around 2% on Wednesday. The company's staff shrunk by over 21,000, or 13%, during the fiscal year that ended May 31.
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