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AI & Enterprise

Oracle to cut thousands of jobs as AI investment expands

Oracle has begun layoffs as part of a restructuring, CNBC reported on March 31. Citing two people familiar with the matter, CNBC said the cuts would total in the thousands. The sources asked not to be identified because the matter is internal. Oracle declined to comment. CNBC said the layoffs coincide with Oracle increasing capital spending to build data centre infrastructure to handle AI workloads.

Crypto

Bitcoin unlikely to set new record high in 2026; odds of returning to $120,000 at 15 percent

Bitcoin is increasingly seen as unlikely to set a new all-time high in 2026. Veteran trader Peter Brandt said he does not expect a new price peak in 2026, and likely not until the second quarter of 2027. Polymarket participants put the chance of bitcoin returning to $120,000 in 2026 at 15 percent. Bitcoin was $66,329 at the time of writing, down 3.46 percent in seven days.

Crypto

Bitcoin seen at $1.9 million by 2045; AI models split on XRP outlook

A long-term forecast that bitcoin could reach $1.9 million by 2045 is fueling sharply different scenarios for XRP’s future price. One conservative approach keeps today’s XRP-to-bitcoin price ratio, implying roughly $40 and a $30 to $50 range. Another assumes altcoins outperform bitcoin, projecting XRP at $140 to above $200. AI model Grok cited real-world Ripple ecosystem utility and supply constraints as key factors.