Microsoft Employees Reveal How Much Cash They’re Burning on AI
Microsoft employees aren’t just comparing salaries this year, they’re comparing how much AI they use. An internal spreadsheet…
Anthropic reportedly in talks to buy Israeli-founded AI startup at $6B valuation
Founded only three years ago, Israeli artificial intelligence startup Decart is reportedly in talks to be acquired by…
Backed by Walmart and Cisco, Israel’s Team8 raises $365m to help build AI startups
Israel’s Team8, a venture capital group that develops and spins out tech companies, has raised $365 million in…
Oracle Has Drawn Plans for Another Round of Job Cuts This Month
Oracle has drawn up plans for a new round of job cuts to reduce payroll as it racks…
Israeli-founded data tech unicorn set to slash 25% of its Tel Aviv workforce
Dozens of employees at Israeli-founded Redis are expected to receive dismissal notices this week as the maker of…
Microsoft Cuts 4,800 Jobs Across Sales and Xbox. Read the Memo.
Microsoft announced plans to lay off around 4,800 employees, or 2.1% of its global workforce, on Monday, confirming…
Meta building cloud business to sell excess AI capacity, Bloomberg News reports
July 1 (Reuters) – Meta Platforms is building a cloud business to sell excess AI computing capacity, Bloomberg…
The AI boom now has a price tag — and Micron just sent the bill: Chart of the Day
Micron’s blowout earnings did not just revive the AI trade. They showed how expensive it is becoming. The…
Broadcom Jumps 6% on Alphabet $80B AI Raise, Marvell Soars 18% on Jensen Huang’s $1T Endorsement
Quick Read Broadcom (AVGO) stock rose 6% after Alphabet’s (GOOGL) Google announced an $80 billion equity raise to…
Meta Is Getting Blunt About Cutting Workers to Fund Other Spending
Your layoff may be helping your former employer pay for AI. Loading audio narration… That’s the thrust of…
NVIDIA Q1 Earnings Call Highlights
Key Points Interested in NVIDIA Corporation? Here are five stocks we like better. NVIDIA posted record Q1 fiscal…
Meta Platforms Restructures Workforce To Prioritize AI And Test Valuation Gap
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