According to a CNBC story, Google has let go of over 100 workers in design-related positions. Employees in the cloud division's "platform and service experience" and "quantitative user experience research" teams, as well as a few other departments, were impacted by the layoffs that
In an effort to free up CEO Satya Nadella and his engineering executives to focus on technical innovation, especially in artificial intelligence, Microsoft is reorganising its senior leadership team. Long-time sales boss Judson Althoff will now be in charge of marketing and operations. On October 1, Nadella sent out an
Employees are growing more concerned that their employment may be in jeopardy due to a surge of cost-cutting driven by artificial intelligence (AI). Jensen Huang, the CEO of Nvidia, is also not providing any consolation. He claimed that electricians, plumbers, and carpenters will be the true beneficiaries of the AI
As the Indian IT giant reduces people in response to changing customer demands and increasing automation, IT juggernaut Tata Consultancy Services (TCS) is providing severance compensation of up to two years' salary to long-serving employees whose skills no longer match corporate needs. In an effort to become more flexible
In an effort to decrease expenses and adjust to new technology, the German airline firm Lufthansa has stated that it will lay off 4,000 employees by 2030, the majority of whom will be in Germany, according to news agency AFP. Rather than operational professions like pilots, cabin crew, or
In just three months, Accenture has secretly reduced its workforce by almost 11,000 workers, and the axe may not be hanging down anytime soon. The mammoth consulting firm is currently undergoing a comprehensive transformation aimed at equipping it for a future in which artificial intelligence—rather than human consultants—
Jio BlackRock and Paytm Money, the wealth tech division of the fintech titan Paytm, have partnered to introduce a new AI-powered systematic active equity (SAE) fund for individual investors. The financial giant said in a statement that Paytm Money will only provide Jio BlackRock flexi cap fund subscriptions. On September
Given the intense competition and its late entry into the race to produce the most cutting-edge chips, India's chances of becoming a big player in the global chip industry are slim. A worldwide competition for semiconductor self-reliance started in 2022 when the United States limited exports of its
MediaTek has revealed the Dimensity 9500, their flagship processor for the upcoming generation. The new CPU outperforms the Dimensity 9400 in terms of efficiency and performance. Better on-board AI processing has also been a priority for the corporation. MediaTek's "all big-core" design, which was introduced two
According to a report by CNBC, Nvidia recently spent more than $900 million to license Enfabrica's technology and hire Rochan Sankar, the CEO of the artificial intelligence hardware business, along with other staff members. According to the report, Nvidia is paying cash and stock in a deal that
Satya Nadella, the CEO of Microsoft, has acknowledged that he has a disturbing notion that keeps him up at night: what if the computer giant fails to survive the AI revolution? An innocent query about workplace culture ultimately led to a rare moment of weakness from the guy in charge,
Under the IndiaAI Mission, the Centre has chosen eight new organisations to create indigenous fundamental large language models (LLMs). At today's AI Impact Summit 2026 kickoff event, IT minister Ashwini Vaishnaw announced the eight companies that have been chosen: Tech Mahindra, Fractal Analytics, Avataar AI, Zeinteiq Aitech Innovations,
Just weeks after the White House negotiated an unprecedented agreement for the U.S. government to acquire a significant share in the company, Nvidia announced on September 18 that it will invest $5 billion in Intel (INTC.O) and create a new tab, lending its weight to the faltering U.
At its Connect event on September 17, Meta CEO Mark Zuckerberg unveiled the company's newest wearable technology: the Meta Ray-Ban Display glasses and the matching Meta Neural Band. Meta's first AI glasses with a full-colour, high-resolution in-lens display are the Ray-Ban Display. Users can preview images,
Recently, Elon Musk's xAI caused a stir by reorganising its team in a big way, which is changing how it develops AI. About 500 workers were let go by the corporation on the evening of September 12, 2025, from the data annotation team, which was its largest division.
Apple Inc. intends to increase rivalry with OpenAI and Perplexity AI Inc. by releasing its own AI-powered web search service the following year. According to a report by Bloomberg, the corporation is developing a new system that will be incorporated into the Siri voice assistant. This technology is internally referred
The question of whether the new models will soon be able to outperform humans in the majority of jobs we perform now or achieve a level of Artificial General Intelligence (AGI) has been a hot topic in the AI community as artificial intelligence systems continue to advance. Although he avoids
As AI replaces customer service positions, Salesforce CEO Marc Benioff eliminates 4,000 jobs. Salesforce CEO Marc Benioff recently revealed that 4,000 customer service representatives would be let go, bringing the total number of support people down from 9,000 to about 5,000, an almost 45% reduction. Why
The startup that created ChatGPT, OpenAI, is looking for regional partners to establish a data centre in India. According to Reuters, which cited Bloomberg News, it seeks to have a capacity of at least one gigawatt. Microsoft Partnership & Stargate AI Infrastructure With Microsoft's support, OpenAI has established
The Wall Street Journal report, which cited internal sources, claims that TikTok has started a new round of layoffs that would impact workers in the UK as the company works towards artificial intelligence to automate content filtering. The activities of TikTok in South and Southeast Asia will also be impacted
Later this year, OpenAI, the parent company of ChatGPT, plans to create its first corporate office in India. The artificial intelligence company's official presence in a significant growing market will be established by the New Delhi office. In a statement released on 22 August, OpenAI announced that it
On August 21, Wipro, the Bengaluru-based IT business said that it would pay up to $375 million to Harman International Industries for a 100% stake in Harman Connected Services Inc. (DTS) and its subsidiaries, as well as some other assets. Subject to US antitrust clearances and other regulatory approvals, the
Days after CEO Chuck Robbins publicly rejected the idea of laying off employees to make room for artificial intelligence, Cisco Systems announced a new wave of layoffs, removing 157 positions in California. The action has drawn legal attention, which has made the company's attempts to strike a balance
AT&T CEO John Stankey is enforcing a market-based mentality by combining help-desk centres and requiring managers to relocate to six hubs or risk losing their jobs. As part of a massive workplace reorganisation, AT&T is forcing more of its managers to transfer or face severance. CEO