Microsoft Cuts 4,800 Jobs in Latest AI-Era Layoff Round
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
A hyperparameter is a setting or configuration value that defines how a machine learning or AI model learns from data. Unlike model parameters, which are learned automatically during training, hyperparameters are manually set before training begins and control aspects such as learning rate, batch size, number of layers, or regularization strength. The correct selection of hyperparameters greatly influences a model’s performance, accuracy, and ability to generalize to new data. Finding the best combination is often achieved through techniques like grid search, random search, or Bayesian optimization. Effective hyperparameter tuning is essential for optimizing AI systems and achieving stable, efficient learning outcomes.
Microsoft cut about 4,800 jobs, roughly 2.1% of its workforce, hitting Xbox and commercial sales hardest, the latest tech layoffs to intensify fears about AI and work.
Meta quietly released Pocket, an app that lets people build small interactive games from text prompts and share them in a TikTok-style feed, built on its Gizmo acquisition.
Alibaba will bar employees from using Anthropic’s Claude Code from July 10 over alleged security risks, after developers found code that detects China-linked users.
Mark Zuckerberg told employees that Meta’s AI agents have progressed slower than expected and its restructuring was “not as clean” as planned, a rare admission amid huge AI spending.
Microsoft is investing $2.5 billion in Frontier, a new unit that will embed 6,000 engineers with customers to help them adopt AI, joining a wider industry race into hands-on deployment.
OpenAI has proposed handing the US government a roughly 5% stake, worth about $43 billion, to seed a public wealth fund and ease mounting political pressure in Washington.
A new study of 22,000 US firms found that the heaviest AI spenders grew headcount faster than peers, including entry-level roles, complicating fears of an AI jobs apocalypse.
As Washington limits Anthropic’s and OpenAI’s top models on security grounds, critics warn the restrictions are handing momentum to Chinese open-weight rivals like GLM-5.2.
Microsoft is heading for its worst month since 2008 as investors worry that its heavy AI spending may not pay off and that AI could erode demand for its core software.
South Korea announced about $880 billion in planned investment to expand chipmaking, AI data centers and robotics, aiming to double memory output and revive regions outside Seoul.