Tennessee gave Oracle $240M for Nashville HQ, but few jobs followed, raising fresh concerns about AI, layoffs, and visas.

The cuts come as the software giant invests billions of dollars in expanding its artificial intelligence infrastructure.

Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.

Oracle has begun laying off employees across its global offices, approximately 12,000 staff in India, with another round of layoffs expected within a month. The workers in US, India, Canada and other ...