Coinbase to lay off 14% workforce amid cost pressures and AI-driven restructuring

Coinbase has announced that it is cutting about 14% of its workforce,…

Greg Brockman testifies his OpenAI stake is worth nearly $30Bn during Musk vs OpenAI trial

OpenAI President Greg Brockman has said in court testimony that his personal…

US signs defense contracts with Nvidia, Microsoft, AWS to integrate advanced AI into classified networks

The US Department of Defense has signed new deals with Nvidia, Microsoft,…

Elon Musk admits no written agreement existed for his early OpenAI funding as court trial intensifies

The courtroom battle between Elon Musk and OpenAI entered a more intense…

Elon Musk tells court OpenAI shift under Sam Altman was like ‘stealing a charity’ as trial begins

The courtroom battle between Elon Musk and Sam Altman has formally begun…

Elon Musk drops fraud allegations in OpenAI lawsuit as jury selection begins in high-stakes AI trial

Elon Musk has dropped the fraud claims in his lawsuit against OpenAI…

OpenAI ends exclusive cloud agreement with Microsoft, revises revenue-sharing structure

OpenAI is changing its long-standing deal with Microsoft by ending the exclusivity…

Meta to layoff 8000 employees, won’t hire for 6000 open roles amid heavy AI investment

Meta is reportedly planning a major internal restructuring that includes laying off…

Microsoft offers voluntary exit to 7% of US employees amid increased AI spending: Report

Microsoft has reportedly introduced a voluntary retirement program for a section of…

SpaceX reportedly eyes $28.5Tn ‘Enterprise AI’ market with in-house GPU plans

Elon Musk is positioning SpaceX beyond rockets, informing investors that it is…

Microsoft appoints Daniel Shapero as new LinkedIn CEO amid major leadership restructuring and AI push

Microsoft has announced a significant leadership transition at its professional networking subsidiary…

India proposes ‘Always-Visible’ labelling for AI content, extends IT rules feedback deadline to May 7

India’s Ministry of Electronics and Information Technology (MeitY) has proposed new changes…

Meta reportedly begins tracking employee mouse and keyboard activity to train AI systems

Meta has reportedly started rolling out software that records employee mouse movements,…

Meta to lay off 8,000 employees in May as part of multi-phase 2026 workforce reduction: Report

Meta is reportedly moving ahead with a new round of layoffs as…

India withdraws proposal to pre-load Aadhaar app on smartphones after backlash: Report

India has decided to drop a proposal that would have required all…

Meta hikes Quest 3 price by $100 and Quest 3S by $50 amid RAM shortage

Meta has announced price hikes for its Meta Quest 3 and Meta…

EU rejects Meta’s pay-to-access model proposal in WhatsApp AI antitrust probe

The European Union has rejected Meta’s proposed fix in an ongoing antitrust…

Snap cuts 16% of workforce in major AI-focused restructuring amid investor pressure

Snap is undergoing one of its most significant restructuring efforts in recent…

Anthropic appoints Amlan Mohanty to lead India policy and external affairs amid expansion push

Anthropic has appointed Amlan Mohanty to lead its India policy and external…

Amazon rejects claims of 14,000 more job cuts in May 2026, calls reports inaccurate

Amazon has denied reports claiming that it is planning to cut around…