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The wave of tech layoffs continues. With cost pressures mounting and AI reshaping corporate priorities, more companies across the industry are trimming staff. According to Reuters, citing sources, Amazon plans to cut up to 30,000 corporate jobs starting Tuesday to reduce costs and address overhiring...
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This year, Intel has attracted several strategic partners and funding sources, including NVIDIA, SoftBank, and support from the U.S. government. The company now plans to broaden its collaborations with partners in Saudi Arabia. According to Arab News, Saudi Arabia’s Minister of Communications and ...
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Is the AI bubble about to burst? The question has sparked increasing concern. According to Financial Times, AI hardware poses a striking paradox — it’s extremely costly to buy but cheap to rent. The report notes that when NVIDIA’s B200 GPU debuted in late 2024, it likely sold for around $50...
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According to Nikkei, major U.S. tech companies are reportedly accelerating efforts to lessen their dependence on China. Sources indicate that Microsoft aims to produce most of its upcoming products outside the country as early as next year, while Amazon Web Services is extending its supply chain div...
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After unveiling its first major in-house 18A product, Panther Lake, last week, Intel is renewing its push into the AI chip market following the limited success of its earlier Gaudi series. As announced at the OCP 2025 Global Summit and reported by Tom’s Hardware and Reuters, the company’s next-g...