Java install does not work - no such file or directory [duplicate]

Question

I am unable to run java after downloading it. I'd appreciate troubleshooting help.

Info:
⠀Ubuntu 14.04 LTS
⠀Acer Aspire V5 with AMD A4 processor
⠀Used Oracle 64-bit Linux version
⠀jdk-8u45-linux-i586.tar.gz

$ java -version
bash: /usr/bin/java: No such file or directory

$ update-alternatives --display java
java - auto mode
  link currently points to /usr/lib/jvm/jdk1.8.0_45/bin/java
/usr/lib/jvm/jdk1.8.0_45/bin/java - priority 2
Current 'best' version is '/usr/lib/jvm/jdk1.8.0_45/bin/java'.

The file is there, and it appears to have correct permissions:

$ ls -l /usr/lib/jvm/jdk1.8.0_45/bin/java
-rwxr-xr-x 1 root root 5730 Apr 10 10:53 /usr/lib/jvm/jdk1.8.0_45/bin/java

Answer 1

It appears that this is a 32 bit executable even though it is from a 64 bit jdk for Linux.
I found the solution here:
No such file or directory? But the file exists!

Using file suggested by Gilles confirmed the problem.
The answer by Avinash Raj was specific and fixed my install.