Microsoft to Cut 3,200 Xbox Jobs as Analysts Push for a Sale
Microsoft's Xbox unit will cut 3,200 jobs through fiscal 2027 as its new CEO calls the business unhealthy. Some analysts…
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Microsoft’s AI Run Rate Hits $37 Billion, Up 123% Year Over Year
Microsoft's AI business now runs at a $37 billion annual revenue run rate, up 123% year over year, as of…
Nvidia Faces Losing China Ground as Domestic AI Chip Budgets Climb to 46%
Chinese executives plan to route 46% of their AI accelerator budgets to domestic chips over the next 12 months, up…
Amazon Seeks at Least $25 Billion in Bond Sale to Fund AI Spending
Amazon is tapping the debt market for at least $25 billion as it funds a costly artificial-intelligence buildout. A new…
Four U.S. States Seek $1.4 Trillion From Meta Over Youth Safety Claims
Four U.S. states are seeking roughly $1.4 trillion in civil penalties from Meta over claims that Facebook and Instagram were…
