ELLISON'S CANCER INSTITUTE IS LAYING OFF 88 PEOPLE AS LARRY STATES "MOST CANCER WILL BE GONE IN FIVE YEARS"
The Ellison Medical Institute in Los Angeles filed a WARN notice on Nov. 4. The 88 layoffs are permanent and start in January.
The institute describes itself as a research center focused on AI and disease research. It has not said why it is cutting.
Ellison funds it. At Oracle AI World this year he said AI will make most cancers "gone in five years, and certainly in 10."