Tag: Big Tech
8 articles tagged Big Tech
Tech Layoffs Hit 165,000 as AI 'Experiment' Reshapes Work
Microsoft, Amazon, Block and Oracle have cut tens of thousands of jobs in the last year, blaming AI — but researchers say much of it may be 'AI-washing'.
Amazon Bond Sale Draws £94 Billion in Demand to Fund AI Spending
Amazon attracts £94 billion ($126bn) in peak demand for its latest bond offering as tech giants turn to debt markets to finance massive AI infrastructure buildouts.
Big Tech Races to Fund $660bn AI Spending Spree
Alphabet, Amazon, and Meta plan over $660bn in AI infrastructure spending this year, forcing tough choices between shareholder returns, cash reserves, and new debt.
