The Amazon Web Services Availability Zone (AWS) data centre in the UAE was momentarily rendered powerless following an incident involving objects that struck the facility. While the United States, Israel, and Iran are in the midst of an open conflict, the incident allegedly set off sparks and a fire at
OpenAI, on 27 February, revealed that it has raised an $110 billion funding round. The recent funding round has put the ChatGPT creator's valuation at $840 billion. This development indicates a rapid increase in investment in AI. Just before the AI startup is set to have its mega-IPO
According to a prominent Anthropic engineer, the United States is on the cusp of an AI revolution. He noted that the next generation of AI agents will soon be able to do almost any job that requires internet access. In a recent podcast, Boris Cherny, who developed Claude Code at
OpenAI will be expanding its operations to India later this year with the opening of offices in Bengaluru and Mumbai. Notably, the ChatGPT creator established an office in New Delhi last year, so it already has a presence there. India is currently at the forefront of AI adoption, according to
Adding to the recent spate of layoffs in the US tech and telecom industries, T-Mobile is planning to terminate the employment of approximately 400 workers in the state of Washington. According to local broadcaster KING 5, state filings reveal that the corporation intends to permanently eliminate 393 positions across various
In the wake of discovering who else had lost their jobs in the most recent round of layoffs, Pinterest fired two engineers. Consequently, they went against the company's stated privacy and policy guidelines. As part of a larger reorganisation associated with an increased emphasis on artificial intelligence, Pinterest
Massive layoffs have taken place at the Washington Post, a news organisation with a rich history and considerable influence in the US. As part of a massive reorganisation that has abolished entire divisions, the newspaper fired about a third of its employees on 4 February. And as a result of
The most recent round of layoffs at global technology giant Amazon will also affect its operations in India, where 500–700 workers are anticipated to be affected. Yet another round of reductions has been announced by Amazon. This time, the corporation plans to fire some 16,000 workers worldwide. This
Amazon is getting ready to make more layoffs. With this action, Amazon is continuing a multi-phase personnel reduction that has previously resulted in the elimination of thousands of corporate positions. The business is restructuring to make artificial intelligence more widely used. According to media reports, Amazon may lose up to
Amazon plans to carry out another round of layoffs next week, with the goal of eliminating some 30,000 jobs from its corporate workforce. The layoffs are expected to be comparable in scope to the employment reductions from the previous year and could begin as early as 27 January. About
In honour of its 25th anniversary, the Wikimedia Foundation announced on January 15 that it has reached agreements with many AI firms. Wikipedia, a free online knowledge base and online crowdsourced encyclopaedia, is owned by the Wikimedia Foundation. Leading AI companies like Amazon, France's Mistral AI, Meta Platforms,
In the upcoming weeks, Amazon plans to lay off 370 employees at its European headquarters in Luxembourg. At this workplace, this will be the largest round of job reductions ever. Approximately 8.5% of the 4,370 employees are impacted by the cuts. The layoffs follow Amazon's announcement
In an open letter to CEO Andy Jassy, more than a thousand Amazon employees urged the business to slow down its rapid implementation of artificial intelligence. Under the aegis of Amazon Employees for Climate Justice (AECJ), the workers criticised the company's "warp-speed," claiming it was too
As cybersecurity researchers report a dramatic increase in phoney holiday shopping domains that resemble prominent shops, Amazon has issued a Black Friday security notice alerting customers to be on guard for impersonation scams and phishing efforts aimed at collecting account logins and financial credentials. The giant of online shopping said
The quest for spectrum in the 6 gigahertz (GHz) band for mobile services by Reliance Jio and Vodafone Idea has been met with opposition from major U.S. tech companies Apple, Amazon, Cisco, Meta, HP, and Intel Corporation. Instead, the IT majors wanted the whole 6 GHz range to be
The IT sector is still feeling the effects of Amazon's largest layoffs in its history. The people who seem to be suffering the most are engineers. Nearly 40% of the 4,700 verified job layoffs in places including New York, California, New Jersey, and Washington involve engineering positions,
The New York Times reported that Jeff Bezos, the founder of Amazon, is supporting Project Prometheus, a new AI firm, and will serve as co-CEO of the company. Bezos is contributing to the $6.2 billion in funding that the new business is releasing. Remarkably, this is the first time
In a rare rift between the chipmaker and two of its largest clients, Amazon is joining Microsoft in endorsing legislation that might further restrict Nvidia's exports to China. The actions taken by Amazon and Microsoft to oppose a business with which they have a close relationship demonstrate how
According to data from Layoffs.fyi, the IT industry's major layoff wave has gotten worse in 2025, with over 1,000,000 workers losing their employment at 218 organisations so far. After years of overexpansion during the pandemic, tech firms from Bengaluru to Silicon Valley are reducing workers
According to various media reports, US retailer Target Corporation is letting off roughly 150 workers from its global capabilities centre (GCC) in India. The action is a component of the company's broader worldwide restructuring, which also includes the largest personnel decrease in ten years: 1,800 corporate job
According to various media reports, Amazon plans to lay off up to 30,000 corporate employees starting on October 28 in order to reduce costs and make up for hiring too many staff during the pandemic's peak demand. The number is close to 10% of Amazon's
In an attempt to expedite decision-making and speed efforts to restore the declining discount retailer's client base, Target said on October 23 that it is laying off roughly 1,800 corporate personnel. According to a corporate representative, the company intends to eliminate roughly 800 open positions and is
One of the biggest employers in the US, Amazon, is getting ready for a significant change in the way it manages its warehouses. Roughly over the next ten years, the firm plans to replace roughly half a million jobs with robots, according to internal documents and interviews that The New
As the bank seeks to further reduce costs and capitalise on efficiencies brought about by artificial intelligence (AI), Goldman Sachs has reportedly told its employees to anticipate another round of layoffs before the year finishes. According to an internal memo distributed to staff, the New York-based company intends to "