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AI COMPANIES AFFECTED
Microsoft outage disrupts global businesses, government services as recovery efforts falterA prolonged Microsoft outage disrupted Outlook, Teams and Copilot services worldwide, affecting businesses, airlines and government operati...
Asian shares decline as investors assess impact of Nvidia's fallout on global AI developmentAsian stock markets faced a downturn on Friday, driven by concerns over Jensen Huang's exit from Nvidia related to AI developments. This di...
Techopocalypse! Friday the 13th serves up outages, spy drama and corporate chaos for the worldMicrosoft's global outage disrupted Outlook, Teams and Copilot across 74 countries and territories, affecting businesses, government office...
Microsoft outlook outage: Reason why are Outlook, Microsoft 365 down today, OpenAI, Anthropic AI services hit tooMicrosoft said earlier in the day it had fixed a Teams disruption affecting users in North America.
AI-led hiring slowdown is temporary; jobs demand to surge in 3-5 years: Infosys cofounder GopalakrishnanHis comments come as widespread layoffs occur across large tech companies including Qualcomm, Oracle, Microsoft and Amazon, triggering fear...
Nvidia loses its AI architect: Huang's exit puts AI dominance to testJensen Huang has resigned as CEO of Nvidia, which has raised concerns for the company and the AI industry. Colette Kress will serve as inte...
Nvidia leadership crisis puts global AI trade under pressureUncertainty over Nvidia CEO Jensen Huang’s future has sparked investor concerns about the company’s financial backing of the global AI boom...
Wait for policy, not political promises on data centres: LPL Financial Group MD on AI selloffThe November 3 US midterm results triggered a sharp repricing of AI and technology stocks, with investors fearing that the gains for Democr...
CoreWeave shares surge over 26% on strong earnings, debt retreat; spark rally in battered AI cloud stocksCoreWeave's shares experienced a significant increase of over 26% due to strong revenue growth. The company's recent earnings alleviated co...
Xiaomi eyes local partners; Electronics firms target AI infraXiaomi is looking for local partners as it plans to manufacture home appliances in India. This and more in today’s ETtech Top 5.
Qualcomm initiates India layoffs: Here’s how much employees will get in severanceQualcomm has begun implementing planned job cuts globally, affecting employees in India and the US (in California).
Nvidia scandal rocks tech world Web SummitAllegations of Chinese spying on Nvidia dominated a top world tech conference on Tuesday, with some executives seeing potential opportuniti...
AI stocks: Are the days of easy money over? Aswath Damodaran warns investors of a new market reality ahead of Anthropic IPONYU professor Aswath Damodaran warns that broad-based gains from AI stocks may be fading as investors become more selective. He highlights ...
AI demand unlikely to be derailed by Nvidia CEO controversy: Taiwan supply chain executivesGlobal demand for artificial intelligence (AI) is expected to remain strong despite the controversy surrounding Nvidia Chief Executive Offi...
Microsoft reports $36 billion quaterly profit, employees complain salary raises below 1%, describe workplace as 'joyless and demoralizing' after 60,000 people receive buyout offersMicrosoft reported a 32% jump in quarterly profit to $36.6 billion but its employees complain of salary increases below 1%, rising workload...
South Korean shares rebound as chipmakers recover from AI-driven selloffSouth Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recov...
Microsoft employees raise concerns over AI strategy amid 60,000-person buyout offerThe letter, cited in a report byThe New York Times, accuses Microsoft of pursuing AI with a “speed-at-all-costs” approach and urges the com...