Artificial Intelligence (AI)
Job market: Amazon is laying off 14,000 corporate workers, citing a focus on investing more in AI, and Meta has cut 600 jobs to automate certain functions.
Infrastructure: Google plans to power its AI infrastructure by restarting a U.S. nuclear plant, while Foxconn is investing heavily in an AI compute cluster.
New features: Meta is rolling out “ghost posts” that disappear after 24 hours on Threads and integrating AI editing tools into Instagram Stories.
Industry competition: There is a growing rivalry for AI dominance, with companies like Microsoft launching AI browsers, and Qualcomm soaring on new AI chip launches.
Ethics and concerns: There is a focus on the ethical implications of AI, with some reports discussing the “AI arms race” and the potential for AI to be used for malicious purposes.
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