Meta job cuts hit thousands as AI investments reshape workforce
Meta is laying off 3,600 employees, or 5% of its workforce, as it continues restructuring in 2025. The layoffs, focused on “low performers,” impact multiple...
Tag : AI
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia stock climbed 4% as Alphabet’s $75B capex plan reassured investors that AI spending remains strong despite concerns over China’s DeepSeek AI model....
Nvidia shares fall 14 percent as DeepSeek sparks AI competition fears
Nvidia fell 14% premarket as China’s DeepSeek launched a cost-efficient AI model, shaking global markets and raising concerns over U.S. dominance in AI infrastructure....
Microsoft to invest $80 billion in AI data centers by June 2025
Microsoft plans to invest $80 billion in AI data centers by June 2025, expanding infrastructure to power AI growth and innovation globally....
US launches investigation into China’s semiconductor industry practices
The US launched a probe into China’s semiconductor industry over alleged anti-competitive practices, raising concerns about trade policies and supply chain vulnerabilities....
Stanford expert says AI will transform but not eliminate job roles
AI will replace tasks rather than jobs, said Stanford professor Dr. Erik Brynjolfsson at the Global Future Councils in Dubai, urging policymakers to prioritize AI's...
Tech leaders say AI’s impact on employment will be overwhelmingly positive
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts...
Wired and Google report highlights AI’s impact on consumer shopping
Wired Consulting and Google highlight how AI is transforming consumer shopping by simplifying decision-making and offering tailored recommendations in a complex online environment....
AI adoption expands in 75% of newsrooms, but ethical concerns remain
A new global survey reveals that over 75% of newsrooms are now using AI across various stages, from newsgathering to distribution, with 90% leveraging AI...
Nvidia stock drops nearly 10% as global markets slide
Nvidia stock fell nearly 10% as global markets tumbled amid growing concerns over the economy. Investors are bracing for key U.S. jobs data later this...