Tag: fast
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Microsoft offers buyouts to around 60,000 employees to contain costs
Oct 26 : Microsoft said on Monday it is offering voluntary buyouts to about 60,000 employees, or more than a quarter of its global workforce, as the technology giant looks to contain costs and help fund its massive AI investments.Staffers across the Windows maker would be eligible for the offers, including th
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Microsoft is offering buyouts to around 60,000 employees, Business Insider reports
Oct 26 : Microsoft is offering buyouts to around 60,000 employees, Business Insider reported on Monday, citing a company spokesperson.The company did not immediately comment on the number of employees impacted when contacted by Reuters.The voluntary exit offer will impact key divisions, including AI ex
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Anthropic discloses month-long training pause, AI security breaches in IPO filing
Oct 26 : Anthropic paused training of its next-generation flagship AI model for more than a month over security concerns, while four of its AI agents accessed live external computer systems during testing, its initial public offering filing showed on Monday.The Claude maker said in the filing’s risk factors s
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Sinner set to return at postponed Six Kings Slam
Oct 26 : World number one Jannik Sinner will make his comeback at the Six Kings Slam in Saudi Arabia following the tournament’s postponement to December due to security concerns, organisers said on Monday.Italian Sinner, winner of the previous two Six Kings, announced this month that he would not compete agai
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Unconventional AI buys Israeli chip startup NeuReality to speed product development
SAN FRANCISCO, Oct 26 : Unconventional AI, the US hardware startup that launched less than a year ago with a $4.5 billion valuation, said on Monday that it is buying Israeli chip startup NeuReality for an undisclosed sum in a cash-and-stock deal.Unconventional AI raised $475 million in December and is led by
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Wolff hits back at fellow Austrian Marko over Russell comments
AUSTIN, Texas, Oct 26 : Mercedes F1 boss Toto Wolff has backed George Russell for future success after Red Bull’s former motorsport adviser Helmut Marko dismissed the Briton’s chances of ever recovering from being eclipsed by teammate Kimi Antonelli.Antonelli is 123 points clear of Russell atop the Formula O
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AI stocks rise as Anthropic nears Wall Street debut amid investor caution
Oct 26 : AI-linked stocks rose on Monday after Anthropic revealed the paperwork for its initial public offering, against the backdrop of growing investor unease over debt-fueled spending on infrastructure for the new technology.Shares of Nvidia, the world’s most valuable company, added nearly 3 per cent. Micr
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Musk’s grim outlook hits neoclouds as debt concerns mount
Oct 26 : Shares of neocloud companies declined on Monday after SpaceX CEO Elon Musk said the sector could face consolidation and failures, adding to concerns over a widening gap between AI infrastructure investment and revenue generation.CoreWeave, which has become a poster child for mounting concerns over he
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Napoli coach Allegri handed two-match ban over outbursts in Roma clash
Oct 26 : Napoli coach Max Allegri has been handed a two-match ban for abusive remarks and an aggressive attitude towards match officials and an AS Roma staff member being sent off during Saturday’s 3-3 home draw, Serie A’s sports judge said on Monday.Allegri was dismissed shortly after Leonardo Balerdi scored
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Chwalinska withdraws from Tokyo Open due to thigh injury
Oct 26 : French Open runner-up Maja Chwalinska has withdrawn from this week’s Tokyo Open due to a thigh injury sustained at the Wuhan Open where she won her first WTA tour title.Chwalinska beat Polish compatriot Iga Swiatek in the Wuhan semis this month before overcoming Sonay Kartal in the final.”I t
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