Spending on AI is reportedly to blame as Microsoft gears up for more cuts. A new report from Bloomberg claims Microsoft is planning to cut “thousands of jobs” early next month related to sales.

The Information didn’t specify in its report exactly what Friedman and Gross would be doing at Meta, but Reuters reports that ...

Meta Platforms is in advanced talks to hire the prominent artificial intelligence investors Nat Friedman and Daniel Gross to ...

Meta has offered employees from OpenAI and Google DeepMind compensation packages worth upwards of $100 million ...

In response, Microsoft has begun developing its own in-house AI models, signaling a move to reduce dependence on OpenAI.

The new layoffs, if they happen, will be the second major round of layoffs by Microsoft this year, after the company laid off around 6,000 people, or 3% of its workforce, in May. As of June, Microsoft ...

Amazon CEO Andy Jassy said the company will reduce its workforce, and Microsoft is reportedly planning thousands of layoffs, ...

Microsoft may lay off thousands of employees in July, mainly in sales, as it shifts spending toward AI infrastructure.

Microsoft is set to cut thousands of jobs, primarily in sales, as it enhances its AI investments. The decision follows a ...

A handful of Jewish orgs have started to incorporate AI to support their work, but tech-savvy observers warn that most need ...

Microsoft is reportedly planning another round of layoffs, this time targeting sales roles, following its May job cuts ...

GitHub Copilot is getting smarter in both VS and VS Code. Here's a side-by-side look at what developers get in each IDE.