Technology
Meta will cut 10% of workforce as company pushes deeper into AI
Meta CEO Mark Zuckerberg leaves the Federal Courthouse in downtown Los Angeles after defending the company in a landmark social media addiction trial in Los Angeles, United States, on February 19, 2026. Jon Putman | Anadolu | Getty Images Meta plans to lay off 10% of its workforce, equaling about 8,000 jobs, as it continues […]
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OpenAI announces GPT-5.5, its latest artificial intelligence model
OpenAI CEO Sam Altman during a media tour of a Stargate AI data center in Abilene, Texas, Sept. 23, 2025. Bloomberg | Bloomberg | Getty Images OpenAI on Thursday announced its latest artificial intelligence model, GPT-5.5, which the company says is better at coding, using computers and pursuing deeper research capabilities. The launch comes less […]
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Texas Instruments’ stock jumps 18%, heads for best day since 2000 as AI demand soars
Haviv Ilan, president and chief executive officer of Texas Instruments (TI), speaks during a ribbon-cutting ceremony for the grand opening of Texas Instruments’ (TI) new semiconductor wafer plant in Sherman, Texas, US, on Wednesday, Dec. 17, 2025. Desiree Rios | Bloomberg | Getty Images Texas Instruments headed for its best day on Wall Street since […]
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Jim Cramer: Tesla is a buy after hearing what Elon Musk said on the earnings call
CNBC’s Jim Cramer on Thursday called Tesla a buy following its latest earnings and what Elon Musk said on the call. “As someone who is looking at all the other technologies, I would be a buyer of Tesla today,” Cramer said on ” Squawk on the Street .” He argued that investors focused on near-term […]
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White House warns of ‘industrial-scale’ efforts in China to rip off U.S. AI tech
The Trump administration on Thursday accused Chinese entities of waging “industrial-scale campaigns” to rip off U.S. artificial intelligence systems, and said it will explore ways to hold the foreign actors accountable. “There is nothing innovative about systematically extracting and copying the innovations of American industry,” Michael Kratsios, the top science and technology advisor to President […]
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Software stocks plunge on ServiceNow, IBM results as AI fears escalate
Signage outside the ServiceNow headquarters in Santa Clara, California, US, on Thursday, Sept. 4, 2025. David Paul Morris | Bloomberg | Getty Images Software stocks plummeted on Thursday as disappointing results from ServiceNow and IBM added to fears that artificial intelligence tools and services will disrupt their businesses. Shares of ServiceNow sank 17% Thursday, on […]
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Microsoft plans first voluntary employee buyout in company’s 51-year history
A view of a Microsoft office in Shanghai, China, on April 8, 2025. Ying Tang | Nurphoto | Getty Images Microsoft will offer voluntary buyouts to a small percentage of its workforce, a first for the 51-year-old software giant, as the tech industry grapples with major changes sparked by the artificial intelligence boom. The one-time […]
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Tesla shares fall after results. But this market speculation may keep the stock afloat for a while
Tesla shares were lower after its first-quarter earnings announcement on Wednesday on the company’s bigger-than-anticipated cap-ex expansion, but Wall Street is buzzing about speculation that could keep a bid under the stock for the near future. The chatter is about a potential merger with SpaceX, Elon Musk’s breakout rocket company that is set to go […]
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Anthropic looks to hire six-figure role for negotiating data center deals to fuel Europe AI expansion
Anthropic is ramping up a push to secure European data center deals to power its AI models, as it looks to hire a role for negotiating compute capacity in the region. U.S. hyperscalers’ AI infrastructure expenditure is set to top $600 billion in 2026. Anthropic is looking to capitalize on the boom and has announced […]
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Microsoft expands AI footprint in Australia with $18 billion investment
SYDNEY, AUSTRALIA – APRIL 23: Chairman and CEO of Microsoft Satya Nadella speaks on stage during the Microsoft AI Tour at TikTok Entertainment Centre on April 23, 2026 in Sydney, Australia. Nadella, making his first visit to Australia since 2019, addressed business leaders, developers, and government representatives at the Microsoft AI Tour in Sydney on […]
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