Do Son Amazon is reportedly planning to cut 30,000 corporate jobs across logistics, payments, and AWS as part of a major post-pandemic cost reduction effort.
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Arm CEO Rene Haas confirms the company is exploring developing its own chips and chiplets, marking a strategic pivot that could put it in direct competition with long-time partners like Qualcomm and NVIDIA.Arm, Chip Development, AI, Chiplets, Semiconductors, Qualcomm, NVIDIA, Rene Haas, Licensing, Tech Industry
Figma has relaunched its IPO plans, aiming to raise $1.2 billion and achieve a $19.3 billion valuation after its $20 billion acquisition by Adobe collapsed due to regulatory scrutiny.
Microsoft plans a record $30B+ investment next quarter to expand cloud and AI infrastructure, further cementing its competitive edge and meeting surging demand for generative AI models.
Intel's new CEO indicates the company may exit advanced chip manufacturing (14A/18A) if external demand falters, highlighting struggles to compete with TSMC and ongoing cost-cutting efforts.
India aims to launch its first "Made in India" chip and open six fabs by late 2025 to boost domestic semiconductor manufacturing and reduce 90% import reliance.
Amazon's 2024 sustainability report reveals a 6% rise in carbon emissions, primarily driven by massive AI data center expansion, challenging its Climate Pledge goals.
Xbox's AI-generated job ad sparks outrage after mass layoffs, raising questions about tech's reliance on AI over human talent.
Microsoft announces a 3% workforce reduction (around 6,000 jobs) as part of a strategic restructuring to align with its AI-driven market strategy.