Apple Commits Over $30 Billion to Broadcom for US-Made Chips
Apple expanded its partnership with Broadcom in a multi-year deal worth more than $30 billion, its largest US manufacturing commitment, to produce over 15 billion American-made chips.
AI Startups
AI startups are where new techniques become products – fast. In AIstify’s AI Startups section, we track the founders, funding rounds, acquisitions, and product launches shaping the market. Expect reporting that goes beyond announcements: what is actually being built, who is buying, where moats form, and how teams balance speed with safety and compliance. Whether you invest, compete, or partner, this hub helps you spot real signals early.
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.
AI Spending Set to Surpass US Defense Budget by 2027
Big Tech's AI capital spending is projected to reach about 3.2% of US GDP by 2027, overtaking national defense spending as a share of the economy for the first time.
Zuckerberg Admits Meta’s AI Agent Bets Have Not Paid Off Yet
By
Samantha Reed
• 4 mins read
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 Spending $2.5 Billion to Put Engineers Inside Its Customers’ Companies
By
Samantha Reed
• 3 mins read
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.
Magnificent 7 Sheds $2.3 Trillion in June on AI Spending Doubts
By
Samantha Reed
• 3 mins read
About $2.3 trillion was wiped from the Magnificent 7 in June as investors questioned Big Tech’s huge AI spending, even as chip and memory stocks kept climbing.
Microsoft Heads for Worst Month Since 2008 on AI Spending Fears
By
Maria Konash
• 3 mins read
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 Unveils $880 Billion Chip and AI Investment Drive
By
Olivia Grant
• 3 mins read
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.
Immutable Cuts Game Teams to Bet on AI Marketing Platform
By
Samantha Reed
• 3 mins read
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.
ByteDance Seeks $20 Billion Loan to Fund Its AI Buildout
By
Samantha Reed
• 3 mins read
ByteDance’s record offshore loan would nearly double its 2024 facility and help fund capital spending that could reach $70 billion this year on AI data centers.