Stock Widget Microsoft MSFT -0.75% ▼ is laying off 40 Washington-based employees, as the company continues to trim its workforce amid record spending on artificial intelligence. Monday’s layoffs, disclosed in a state filing, are separate from previous announcements of global…
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The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets. In a summer earnings season dominated by eye-popping profits from Big Tech, investors and analysts have cheered what appears to be a golden age of artificial intelligence (AI)
In a tech world long dominated by Apple, Meta CEO Mark Zuckerberg has taken aim at a new target: the iPhone as the center of personal computing. In a memo and earnings commentary timed to perfection, Zuckerberg may have fired…
Intel Corporation has unveiled a sweeping restructuring plan aimed at reversing its declining market position amid rapid competition in artificial intelligence (AI) and semiconductor manufacturing. The company announced it will lay off 15% of its global workforce—approximately 24,000 jobs—and cancel multi‑billion‑dollar factory projects in…
Hewlett Packard is owed nearly $1 billion by the estate of the late Mike Lynch and his former business partner over HP’s acquisition of their British software firm Autonomy, London’s High Court ruled on Tuesday. HP was seeking to recoup its losses from Lynch – who died last…
Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM) climbed Thursday after the world’s largest contract chipmaker reported record-breaking second-quarter profits, driven by booming demand for artificial intelligence (AI) chips. Despite global currency headwinds and rising concerns over U.S. tariff policy, investors…
Nearly 150 stoplights in San Jose, California, are equipped with an artificial intelligence tool aimed at optimizing bus trips. The tech has allowed the buses to run at higher speeds and reduced commute times for riders by 20%, in part…
Six people were taken into custody by police on Thursday as a group blocked the entrance to the New York office of Palantir to protest the tech company’s work for the U.S. Immigration and Customs Enforcement agency, the Israeli military and other efforts. More than 30…
Meta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge made clear his ruling was limited to this case. U.S. District Judge Vince Chhabria sided with…
Salesforce is accelerating its use of artificial intelligence in automating workloads, according to CEO Marc Benioff. “All of us have to get our head around this idea that AI could do things, that before, we were doing, and we can move on to do…
