The rapid adoption of AI across industries is reshaping workforce demand, increasingly favoring skilled trades over traditional entry-level roles for recent college graduates. Major companies like AT&T are investing heavily—committing billions of dollars—to recruit and train technicians needed to build and...
Last year, Microsoft CEO Satya Nadella disclosed that as much as 30% of the company’s code is now generated with the help of AI. More recently, reports suggest Microsoft is scaling back its use of Anthropic’s Claude Code in an effort to steer employees toward its own GitHub Copilot CLI. According to reporting from...
GitHub Investigates Potential Breach as Hacker Group Claims Access to Internal Repositories GitHub announced Tuesday that it is investigating a potential security incident involving unauthorized access to its internal repositories, following claims by a well-known threat actor group. The group, identified as TeamPCP...
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Google and Blackstone plan to launch a cloud company using Google's specialized chips, the companies announced. Blackstone will be majority owner of the venture, The Wall Street Journal reports, contributing $5 billion in initial funding. With plans to bring 500 megawatts of capacity online in 2027, the partnership aims to meet surging demand for AI computing power while rivaling CoreWeave and Nvidia. Google announced last month it was developing tensor processing units, or TPUs, designed specifically for inference to enhance model efficiency.
Google and Blackstone plan to launch a new cloud company powered by Google’s specialized chips, the companies announced. Blackstone will be the majority owner of the venture and is contributing $5 billion in initial funding, according to The Wall Street Journal. The partnership aims to bring 500 megawatts of...
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SpaceX plans to go public earlier than expected, Reuters reports, citing anonymous sources, who say the startup has selected Nasdaq as its listing venue. The new timeline, accelerated by an unexpectedly fast federal regulatory review, has SpaceX targeting a market debut as early as June 12, with its prospectus now expected to become public as soon as May 20.
SpaceX plans to go public earlier than expected, according to a Reuters report citing anonymous sources. The company has selected Nasdaq as its listing venue. The new timeline was accelerated by an unexpectedly fast federal regulatory review. SpaceX is now targeting a market debut as early as June 12, with its...
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Cisco Systems saw its shares climb in after-hours trading after reporting a better-than-expected sales forecast, projecting revenue as high as $16.9 billion for the current quarter. To focus on its growing AI market, however, the company says it plans to cut fewer than 4,000 jobs. The restructuring comes as Cisco looks to shore up its competitive position in the AI sector, with the company anticipating $9 billion in orders from data center customers in the current fiscal year, well above the $5 billion it initially projected.
Cisco Systems saw its stock move higher in after-hours trading after issuing a stronger-than-expected revenue outlook, projecting up to $16.9 billion for the current quarter. As part of its strategic shift toward the growing AI market, the company also announced plans to reduce its workforce by fewer than 4,000 roles...