Layoffs shatter Big Tech’s great illusion: Unionization efforts are expected to gain ground as mass layoffs shift the narrative to labor. Will efforts to unionize be more successful than in previous years?
Broadcom AI product sales could quadruple: Data centers are reaping the revenue benefits of the generative AI frenzy. The technology’s high compute costs means infrastructure is a spending focal point.
Meta getting ready for more layoffs: Thousands of jobs could be lost as the company tightens its belt before Zuckerberg goes on leave. The cuts could spur other Big Tech companies to continue shedding headcount.
Banks recognize the benefits and risks of AI. Planning for regulation, investing now, and educating staff are all key to embracing the tech.
TSMC hiring thousands while rest of chip industry cuts back: The Taiwanese chip giant will take its competitors’ talent to augment its expertise and could alter the global technology landscape for years to come.
ChatGPT earns Microsoft a $2T market capitalization: So far, Microsoft’s bold generative AI bet has paid off, with ChatGPT integrations promising major profit gains. Reckless mistakes could derail the success.
US-China tech tensions near a boiling point: Beijing gave the US a stern warning to back off on tech restrictions. Companies should prepare for confrontation through cybersecurity and supply chain resilience.
The great big Tesla sale of 2023: The EV pioneer is resorting to discounts to sustain sales momentum while its new models are delayed. Meanwhile, safety recalls and growing competition could become unstoppable challenges.
Google is building an AI muse: It’s now billing Bard as a creative assistant instead of a search engine. It’s a smart move that balances consumer expectations with AI’s unpredictability.
Twitter tests boundaries like a teenager: It keeps skipping payments on rent, vendors, and most recently its AWS bill. A new CEO could help develop a better business strategy.
The true cost of the CHIPS Act: Chipmakers participating in US incentives need to decide if they can survive the next decade without China. The ultimatum gives other countries an opportunity to attract future factories.
Generative AI is a content moderation threat multiplier: Apple and Blix face off over AI-generated content restrictions for the App Store. We can expect controversy to escalate as legal liability looms.
US gov’t puts onus on Big Tech for cybersecurity strategies: Long-term national cybersecurity is now spread out across Big Tech; civil society; and local governments at a time of heightened ransomware, but lack of oversight threatens to delay progress.
Consumers grow bored with VR headsets: Meta Quest 2 headsets purchased during the holidays are sitting idle. We don’t expect VR adoption to skyrocket this year, dimming the metaverse’s outlook even further.
EU eases regulation on Activision Blizzard buy: Microsoft’s licensing deals with rivals appeases the European Commission’s initial antitrust concerns. Can Microsoft carry this momentum forward to other regulators?
Clubhouse sees string of top execs head for the exit: Fading pandemic hits social audio, but company retains healthy valuation.
Private 5G partnership could boost enterprise adoption: The rise in ransomware and security exploits in enterprise will accelerate private 5G solutions. Provider consolidation can go a long way in gaining adoption.
Munich is the new Cupertino: Apple’s investment in its new European Design Center puts it closer to top engineering and research talent as it expands plans to make all of its own key components.
Multimodal AI is the next big thing in search: Microsoft is training its Kosmos-1 AI model to understand the world visually. The goal is greater search capabilities and, ultimately, AGI.
US plays catch-up to China’s tech dominance: Decades of sporadic tech funding have caused the US to fall behind China. With tensions rising, the stakes are high and progress slow.