Big Tech
Cisco cuts nearly 4,000 jobs to spend more on AI, reports ‘record quarterly revenue’
Networking giant says the cuts are meant to reshape its cost structure and fund more investment in AI and cybersecurity.
Big Tech
Apple, Microsoft, Meta, Google, Amazon. Earnings, products, strategy.
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Big Tech
Microsoft says its new multi-model agentic security system found 16 Windows vulnerabilities
Microsoft’s Security Blog describes MDASH, a harness orchestrating 100+ AI agents across multiple models to discover and prove exploitable bugs.
Big Tech
Google previews Gemini Intelligence, new Googlebooks laptops ahead of I/O 2026
Engadget rounds up Google’s Android Show announcements, including deeper Gemini integration across Android and ChromeOS and a new ‘Googlebooks’ laptop lineup.
Big Tech
GM just laid off hundreds of IT workers to hire those with stronger AI skills
GM says it cut more than 10% of its IT org (about 600 people) as it shifts hiring toward AI-native development, data engineering, cloud engineering, and agent/model work.
Big Tech
Google shuts down Project Mariner
The experimental tool that could complete tasks across the web has been discontinued, with pieces folded into other Google offerings.
Big Tech
Chrome's AI features may be hogging 4GB of your computer storage
Some Chrome on-device AI features can trigger a multi‑gigabyte Gemini Nano model download, surprising users on low-storage machines.
Big Tech
Google Search rolls out new AI Mode and AI Overviews link and context features
Google says it’s updating AI Mode and AI Overviews to surface more links inline, highlight subscription content, and add link previews and community perspectives.
Big Tech
Google Home's Gemini AI can handle more complicated requests
Google is upgrading Google Home with Gemini 3.1 to better handle multi-step commands, alongside new automation and camera features.
Big Tech
Etsy launches its app within ChatGPT as it continues its AI push
Etsy’s new ChatGPT native app lets users shop conversationally by tagging @Etsy in a prompt to surface product listings and click through to purchase.
Big Tech
Meta acquires robotics AI startup as it makes the push into humanoid machines
Meta bought Assured Robot Intelligence (ARI) and says the team will bolster its work on AI for robot control and self-learning.
Big Tech
Meta says its business AI now facilitates 10 million conversations a week
Meta says usage of its business AI across messaging apps has grown 10x since the start of the year as it expands access and lays groundwork for monetization.
Big Tech
Microsoft and OpenAI remove the contract’s ‘AGI clause’ and loosen exclusivity
The longtime partnership is becoming less exclusive: OpenAI can ship products on other clouds, while Microsoft’s revenue share now runs to 2030 with caps.
Big Tech
Uber adds hotel bookings and says agentic AI helped it ship faster
Uber is expanding beyond rides and eats with in-app hotel booking plus a bundle of travel features, and the company says agentic coding tools helped cut development time.
Big Tech
Google pilots an 'Ask YouTube' conversational AI search experience
The new YouTube experiment blends video results with AI-generated summaries and follow-up Q&A, initially limited to U.S. Premium users.
Big Tech
Meta signs deal to use millions of Amazon’s Graviton chips for AI workloads
The agreement highlights a growing shift toward CPUs and custom silicon for running AI agents after models are trained.
Big Tech
Meta says it will cut 8,000 jobs as AI spending grows
The company said it plans to reduce headcount by about 10% and keep investing heavily in AI infrastructure.
Big Tech
Apple Names Hardware Chief John Ternus as Next CEO, Signaling a Device-First AI Strategy
Ternus, a 25-year Apple veteran who helped build the Apple Watch, AirPods, and Vision Pro, is expected to push AI-powered devices rather than competing directly with frontier model labs.
Big Tech
Meta to Cut 8,000 Jobs — About 10% of Its Workforce — as AI Spending Surges
The layoffs, effective May 20, will eliminate roughly 10% of Meta's global headcount alongside 6,000 open roles, as the company funnels billions into AI infrastructure.
Big Tech
Google Commits Up to $40 Billion to Anthropic in Largest AI Investment Deal Yet
Alphabet will inject $10 billion immediately at a $380 billion valuation, with $30 billion more contingent on Anthropic hitting performance benchmarks.
Big Tech
Microsoft Offers Voluntary Buyouts to 8,750 U.S. Employees, a First in Its 51-Year History
Workers whose combined age and years of service at Microsoft total 70 or more are eligible for the early retirement package, which covers up to 7% of the company's domestic workforce.
Big Tech
Google Unveils Gemini Enterprise Agent Platform and New TPU Chips at Cloud Next 2026
At its annual Las Vegas conference, Google consolidated its AI products under a unified enterprise agent brand and announced a $750 million fund to help cloud partners sell AI agents to businesses.
Big Tech
Amazon Plans to Invest Up to $25 Billion More in Anthropic
The deal includes a $5 billion upfront commitment plus $20 billion tied to milestones, and requires Anthropic to spend $100 billion on AWS over the next decade.
Big Tech
Snap Cuts 1,000 Jobs and 300 Open Roles, Citing AI-Enabled Efficiency and Activist Investor Pressure
The 16 percent reduction in Snap's global workforce is expected to save more than $500 million annually by the second half of 2026, as AI now generates more than 65 percent of new code at the company.
Big Tech
Snap Partners With Qualcomm for AI Glasses Push as Layoffs Reshape Company Focus
Snap's AR-focused hardware subsidiary Specs deepened its hardware relationship with Qualcomm as the company simultaneously cut 16 percent of its workforce to fund a more focused bet on AI-enabled consumer devices.
Big Tech
OpenAI Projects $100 Billion in Annual Ad Revenue by 2030, Targets Global Advertising Duopoly
Internal investor documents reveal ChatGPT's early ad pilot crossed $100 million in annualized revenue within six weeks, with projections scaling to $11 billion by 2027 and $53 billion by 2029.
Big Tech
Amazon announces $25 billion total investment in Mississippi data centers, adding 2,000 high-skilled jobs
The cumulative commitment cements Mississippi as one of the largest sites of AI infrastructure investment in the United States, with new campuses and a 616-megawatt renewable energy buildout.
Big Tech
Google quietly launches AI Edge Eloquent, a free offline-first AI dictation app for iOS powered by on-device Gemma models
The experimental app runs speech recognition entirely on-device without a subscription, competing directly with Wispr Flow and other AI transcription tools.
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Meta, Google, and Microsoft race to lock up natural gas capacity for AI data centers — and risks are mounting
The three tech giants are committing to gigawatts of gas generation capacity to feed insatiable AI energy demand, raising questions about long-term resource and climate exposure.
Big Tech
SpaceX files confidentially for IPO targeting $1.75T valuation and up to $75B raise in June
Elon Musk's aerospace company, internally codenamed 'Project Apex,' has lined up 21 underwriting banks for what would be the largest IPO in history — more than triple Saudi Aramco's 2019 record.
Big Tech
Oracle begins mass layoffs in the thousands as AI data-center investment strains cash flow
Oracle employees across the US, India, Canada, and Mexico received termination emails on March 31, as the company redirects billions toward AI cloud infrastructure at the cost of its headcount.
Big Tech
Microsoft commits $1B to Thailand for AI data centers and workforce training through 2028
The investment, announced following a meeting between Brad Smith and Thailand's prime minister, combines cloud infrastructure construction with programs to upskill 150,000 Thai workers.
Big Tech
Apple bets on App Store-style AI platform model as it kills Mac Pro and defends hardware talent
Mark Gurman's Power On newsletter reveals Apple is reframing its AI strategy around platform ownership rather than model development, while paying rare bonuses to retain iPhone designers.
Big Tech
SoftBank's $40B unsecured loan from JPMorgan and Goldman signals a 2026 OpenAI IPO
Wall Street's willingness to extend a 12-month, unsecured $40 billion loan to SoftBank implies that lenders expect OpenAI to go public before the debt comes due.
Big Tech
Rivian unlocks another $1B from Volkswagen after completing first joint-venture vehicle tests
Winter testing of the VW ID.EVERY1 using Rivian's software and electrical architecture has cleared a contractual milestone, bringing total Volkswagen investment in Rivian past $4 billion.
Big Tech
Apple opens Siri to rival AI assistants in sweeping chatbot-agnostic pivot
The iPhone maker will let ChatGPT, Gemini, and other third-party models plug directly into Siri, reframing Apple as an AI platform rather than a single-model gatekeeper.
Big Tech
Meta Deploys Advanced AI Systems for Content Enforcement, Cutting Third-Party Vendor Reliance
Meta says its new AI enforcement systems detect twice the adult sexual solicitation content and reduce error rates by more than 60 percent compared to human review teams, while flagging around 5,000 scam attempts daily.
Big Tech
Alibaba Launches Wukong Enterprise AI Agent Platform with Slack and Teams Integration Plans
The Chinese tech giant's new agentic business tool, currently in invitation-only testing, can autonomously handle document editing, meeting transcriptions, and research tasks across a unified interface.
Big Tech
Nscale's 'Stargate Norway' Project Targets 100,000 Nvidia GPUs by Year End as European AI Compute Race Accelerates
The British AI infrastructure company's $2 billion raise adds Sheryl Sandberg and Nick Clegg to its board, positioning it for a potential 2026 IPO with OpenAI and Microsoft as anchor customers.
Big Tech
Oracle Plans Thousands of Layoffs as AI Data Center Expansion Strains Cash Flow
The job reductions will affect divisions across the company and may begin this month, with some cuts targeting roles Oracle expects AI to make redundant.
Big Tech
Apple Launches $599 MacBook Neo, Its Most Affordable Laptop Ever, Powered by iPhone Chip
The MacBook Neo uses Apple's A18 Pro mobile processor — a first for any Mac — targeting Chromebook and Windows users with a breakthrough entry price.
Big Tech
MWC 2026 Opens in Barcelona with AI-Native Hardware and Robot Phone Concepts
Mobile World Congress kicked off with device makers showcasing on-device AI chips, foldables, and a functional robot phone with an autonomous tracking camera.
Big Tech
Apple Announces M5 MacBook Air and Updated MacBook Pro with Performance Jumps
The new MacBook Air doubles base storage to 512GB and gains Wi-Fi 7, while the MacBook Pro gains M5 Pro and M5 Max chips with larger base storage.
Big Tech
Block CEO Jack Dorsey Cuts 40% of Workforce Citing AI Efficiency, Sending Stock Surging 20%
Jack Dorsey announced Block will slash more than 4,000 jobs — nearly halving its headcount — citing AI-driven automation, and predicted most companies will make comparable structural changes within a year.