HP plans to save millions by laying off thousands, ramping up AI use

Dell has raised its outlook for AI server shipments, indicating a positive trend in demand for its products, while HP has announced plans to cut up to 6,000 jobs by 2028 as part of a restructuring effort focused on artificial intelligence. This juxtaposition highlights the contrasting fortunes of two major players in the technology sector.

HP has announced plans to lay off up to 6,000 employees by 2028 as part of a significant restructuring strategy focused on enhancing productivity through increased use of artificial intelligence and automation. This decision comes amid challenges related to rising chip costs.

HP has announced plans to cut up to 6,000 jobs globally by 2028 as part of a strategy to enhance product development through increased use of artificial intelligence. This decision follows a lower-than-expected profit outlook for the upcoming year, indicating a shift in the company's operational focus.

HP has announced plans to lay off up to 6,000 workers globally by 2028 as part of a strategic shift towards artificial intelligence and automation. This decision was revealed in the company's latest earnings report, which also indicated a projected savings of $1 billion over three years, despite incurring restructuring costs of approximately $650 million.

In recent months, the prices of RAM and SSDs have surged significantly due to a shortage of memory chips, primarily driven by the ongoing AI boom, with some RAM kits now costing over three times their price from just three months ago.

Plex is initiating a crackdown on free remote streaming access, with Roku users being the first affected. This change is set to begin this week, marking a significant shift in Plex's streaming policy.

GPU prices are beginning to decline, providing some relief to consumers, while RAM costs have surged dramatically, with some kits now over three times their price from just three months ago.

Nine video creators discussed the economic pressures and fan backlash they face while navigating the integration of artificial intelligence in their work. This conversation highlights the challenges and adaptations within the video production industry as AI technologies become more prevalent.