Meta joins Microsoft, Google in offering voluntary exit packages in France
According to a report by French publication La Lettre, Meta's voluntary exit scheme could affect around 100 of its 300 employees in France....
Tag : Artificial Intelligence
IF Insights: AI props up war-hit world economy
The IMF has nudged 2026 growth back to 3.1%, but it rests on a handful of chipmaking economies while energy importers and the Gulf absorb the war's cost...
OpenAI appoints former US army secretary Dan Driscoll in its AI safety push
Driscoll would engage with government, industry leaders and academic institutions to develop initiatives around what OpenAI describes as 'democratic AI'...
HP names former GSK chief Emma Walmsley as CEO, ending nine-month search
Walmsley to take charge in January as the computer maker battles a memory-chip shortage, falling PC shipments and pressure to turn AI into growth...
China puts IPOs on hold as stock market sell-off deepens amid AI bubble burst
The CSRC has told investment banks to pause IPOs and has asked existing shareholders to hold back large share disposals until market conditions improve...
After Microsoft, now Google offers employee buyouts as AI spending pressures cash flow
Google expands voluntary employee buyouts to five countries as AI spending drives global workforce restructuring...
Abu Dhabi’s ADNOC, G42 sign deal with OpenAI to deploy AI across operations
The agreement will make ADNOC the first company in the energy sector to deploy the ChatGPT parent's frontier technology...
Despite strong cash flow, Microsoft taps bond market to fund AI ambitions
Microsoft is reportedly considering issuing debt across as many as 10 tranches, with maturities ranging from two to 40 years...
CoreWeave crisis: AI debt pressures mount as bills come due
CoreWeave's bond rout and SK Hynix's shelved Solidigm listing show how soaring borrowing costs are turning the AI build-out into a test of balance sheets...
General Motors shifts to Nasdaq as it bets on hybrids, AI and autonomous driving
The company, with a market capitalisation of USD 64.4 billion, expects to begin trading on Nasdaq on November 17 under its existing ticker symbol...