IBM to Cut Thousands of Workers Amid A.I. Boom

Super Micro has raised its revenue outlook for fiscal 2026 to at least $36 billion, driven by increasing demand for Nvidia-equipped servers, particularly in the AI sector.

IBM has announced plans to lay off thousands of employees before the end of the year. The company stated that these cuts, set for the current quarter, will impact a small percentage of its workforce.

OpenAI has formed a groundbreaking $38 billion partnership with AWS, which is set to revolutionize AI workloads and cloud hosting. This collaboration not only enhances technological capabilities but also raises important discussions about sustainability in the tech industry.

You can now try OpenAI's popular Sora video app for free on both Android and iOS. This app allows you to create short-form, AI-generated videos featuring yourself or your friends without needing an invite code.

In a recent court ruling regarding Getty's AI copyright case, both sides are claiming victory as judges' decisions accumulate. However, there are still many unresolved issues that need to be addressed.

The article explores how Artificial General Intelligence (AGI) has emerged as a significant conspiracy theory in contemporary discussions. It delves into the implications of AGI on society and technology, examining both the fears and hopes surrounding its potential impact.

The article discusses how the loss of manufacturing jobs in the 2000s had a significant impact on politics, suggesting that similar disruptions to white-collar jobs due to AI advancements will also influence political landscapes.

Microsoft is taking a strong stand against tech support scams by introducing a new scareware sensor and a default AI blocker in Microsoft Edge. This update aims to protect users from falling victim to these scams before they can spread.

The Steam Deck has introduced a new standby mode that allows users to continue downloading games even when the screen is off. This feature enhances the gaming experience by saving battery life while ensuring that downloads proceed uninterrupted.

If you're a true crime fan, Hulu has some exciting new shows premiering this November that you won't want to miss. These fresh seasons promise to deliver gripping stories and captivating narratives that will keep you on the edge of your seat.

In the latest episode of the Big Take Asia podcast, the discussion focuses on how major Asian economies are managing the increasing tensions between the US and China following the recent APEC summit.

Bloomberg's Caroline Hyde and Ed Ludlow highlight the recent decline in tech shares amid rising concerns about the sustainability of the AI rally. They also analyze earnings reports from companies like Palantir, Uber, Spotify, and Grab. Additionally, the world's largest sovereign wealth fund has voted against Tesla's proposed pay package for CEO Elon Musk.

IBM has announced plans to lay off thousands of employees before the end of the year. The company stated that these cuts, set to occur in the current quarter, will impact a small percentage of its workforce.

Acer has unveiled its latest Chromebook Plus Enterprise models, the 714 and 514, designed specifically for business users. With advanced AI tools, impressive battery life, and durable builds, these devices aim to meet the demands of serious work environments. The question remains whether these features will persuade IT teams to make the upgrade.