The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI betsTag: microsoft
Microsoft sued by authors over use of books in AI training
Microsoft has been hit with a lawsuit by a group of authors who claim the company used their books without permission to train its Megatron artificial intelligence model.
Read More Microsoft sued by authors over use of books in AI trainingTesla shares soar after first robotaxi rides hit the road in Austin, Texas
The automaker deployed a small fleet of self-driving taxis in Austin, Texas, marking the first time its cars have carried paying passengers without human drivers.
Read More Tesla shares soar after first robotaxi rides hit the road in Austin, TexasOpenAI to continue working with Scale AI after Meta deal
OpenAI plans to continue working with Scale AI after rival Meta agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion
Read More OpenAI to continue working with Scale AI after Meta dealAI startups revolutionize coding industry, leading to sky-high valuations
Two years after the launch of ChatGPT, return on investment in generative AI has been elusive, except for software development.
Read More AI startups revolutionize coding industry, leading to sky-high valuationsAmid ‘Jensanity’, Nvidia signals plans to keep AI crown
U.S. restrictions on high-tech exports have seen Nvidia lose market share in China as it withdraws chips and designs inferior alternatives compliant with evolving U.S. policy.
Read More Amid ‘Jensanity’, Nvidia signals plans to keep AI crown
