Has the AI boom turned into a bubble? According to Bloomberg, Microsoft, as OpenAI’s biggest backer, has started canceling or not renewing a large number of data center lease agreements in the U.S., which raises concerns over Microsoft’s potential over-investment in AI computing power. Bloomb...

Major tech companies are preparing to announce a new wave of layoffs. According to CNBC, citing Bloomberg, Meta plans to reduce its workforce by 5%, focusing on employees classified as “lowest-performing.” Meta is not the only company taking such measures. Another report from CNBC, citing Bus...

According to Reuters, citing The Information, NVIDIA’s major customers, cloud service providers (CSPs) such as Microsoft, Amazon, Alphabet's Google, and Meta Platforms are reportedly scaling back orders of the company’s latest “Blackwell” racks due to overheating problems. Initial shipme...

Microsoft has reportedly emerged as the largest buyer of NVIDIA's Hopper this year, with its procurement volume estimated to reach nearly 500,000 units, doubling that of the second-largest buyer, according to Economic Daily News, citing Financial Times. The report from Economic Daily News notes...

According to a report by The Times of India, the tech industry has faced substantial layoffs in 2024, with approximately 150,000 jobs eliminated across major companies. Tech companies like Tesla, Intel, Cisco, and Microsoft are among those reducing their workforces. The report highlights that the...