Artificial Intelligence

Microsoft cuts 4,800 jobs: Xbox downsizes, spins off four gaming studios Microsoft announced on Monday, July 06, 2026, that it is immediately eliminating 4,800 jobs, representing 2.1% of its global workforce, in a cost-cutting effort tied to its artificial intelligence strategy. Its Xbox division will lose approximately 20% of its staff, with 1,600 roles cut … Read more

Qualcomm Eyes $10B Tenstorrent Acquisition to Dominate AI Chip Market As of late June 2026, Qualcomm is in advanced talks to acquire Tenstorrent, Jim Keller’s RISC-V-based AI chip startup, for a valuation between $8 billion and $10 billion, though the deal is not finalized and milestone payment structures remain unresolved. The Information and Reuters confirmed … Read more

Google Pics: AI-Powered Design & Image Generation Now Available for Workspace Google announced Pics, a new AI-powered image creation and editing tool for Google Workspace, at its I/O 2026 developer conference in May 2026, built on the Nano Banana model. The tool is currently available to trusted testers for validation before a wider release and … Read more

Amazon pumps $48B into India’s AI and cloud future Amazon announced on June 25, 2026, an additional $13 billion investment in India to expand its AI and cloud infrastructure, bringing its total planned investment in the country to $48 billion between 2026 and 2030, with over $21 billion specifically allocated to AI and cloud infrastructure; … Read more

Getty Images Stock Surges on Historic OpenAI Licensing Partnership Getty Images announced a multi-year display partnership with OpenAI on June 21, 2026, and the stock surged sharply the next trading day, with reports showing gains ranging from about 118% to as high as 145% intraday, reflecting investor enthusiasm over the licensing deal.[2][4][11] 📢 News Posting … Read more