Microsoft to Cut 4% of Jobs as It Makes Major Investments in AI

Microsoft has announced that it will lay off around 9,000 employees, which accounts for about 4% of its workforce.
Microsoft has announced that it will lay off around 9,000 employees, which accounts for about 4% of its workforce.
OpenAI CEO Sam Altman has confirmed that he recently spoke with Microsoft CEO Satya Nadella about the future of their partnership.
Meta’s decision to invest nearly $14.3 billion for a 49 percent stake in Scale AI is causing concern among some of the startup’s biggest clients.
Microsoft has announced that it will open-source the code for the GitHub Copilot Chat extension under the MIT license, marking the next step in the evolution of Visual Studio Code (VS Code) as an AI-powered open-source code editor.
OpenAI, the company, has entered into intense negotiations with Microsoft to revise the terms of their multibillion-dollar partnership.
Fidji Simo has announced she will join OpenAI as the new CEO of Applications, according to an official statement by Sam Altman.
Microsoft is nearing a deal with Elon Musk's xAI to host the Grok AI model on Azure, potentially straining its partnership with OpenAI.