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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.
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.
The US Commerce Department lifted export controls on Anthropic’s Claude Fable 5 and Mythos 5, ending an 18-day standoff and restoring the models globally from July 1.
Anthropic is hiring across Australia and Japan to expand its AI data center capacity in Asia-Pacific, as soaring demand for Claude strains its infrastructure.
Web3 gaming unicorn Immutable cut 29 roles and gutted its in-house game studios to focus on Audience, an AI marketing platform for the broader games industry.
Kazakhstan’s Data Center Valley would deploy 100,000 Nvidia GPUs near cheap power by 2027, though analysts flag execution risk after a history of stalled deals
Tech firms have cut close to 150,000 jobs in 2026 while citing AI, even as AI-driven IPOs mint vast new fortunes, sharpening questions about who benefits.
Google AI Overviews liability sets a precedent as a German court rejects the click-to-verify defense, a ruling that could reach ChatGPT, Claude and Perplexity.
Executives from Anthropic, OpenAI, Google DeepMind, Mistral AI, and several other technology companies are expected to attend the G7 summit in Evian-les-Bains, France, from June 15 to 17. World leaders will meet with the group at a working lunch to discuss AI regulation, infrastructure, and broader technology policy.
Anthropic committed $150 million to Claude Corps, a fellowship paying 1,000 early-career workers to spend a year embedding AI in US nonprofits.
Anthropic CEO Dario Amodei published an essay urging binding, FAA-style safety testing for frontier AI models, marking a shift from the company’s earlier focus on transparency.
JPMorgan Chase plans to roll out AI agents capable of operating autonomously for one to two hours later this year, as the bank’s chief analytics officer says the technology has moved from single-task tools to multi-step workflow managers.
OpenAI has introduced role-specific plugins, collaborative websites, and annotation tools for Codex as the platform expands beyond software development. More than 5 million people now use Codex weekly, with non-developers becoming one of its fastest-growing user groups.
Uber Technologies has introduced spending limits on AI coding tools after reportedly exhausting its annual AI budget within the first four months of the year.
Major technology companies including Alphabet and Amazon are increasingly turning to international bond markets to help finance massive AI infrastructure investments.