A new Goldman Sachs report warns that the rapid surge in AI investment could trigger massive job losses across key industries as automation replaces human roles.

From Silicon Valley to Bengaluru, tech giants are trimming staff to refocus on artificial intelligence, cloud services, and ...

About the author: Mark A. Jamison is a senior fellow at the American Enterprise Institute and the director and Gunter ...

Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and TCS are reducing their workforces significantly. These layoffs are driven by ...

With concerns over an AI bubble growing, Pichai told Reuters that he expects Google Cloud's business to have “a lot of resilience” against short-term market corrections.

Godfather of AI Geoffrey Hinton says AI firms bet on job replacement for profits. Tech giants to boost AI spending to $420B ...

Mark Zuckerberg's fortune saw a significant drop, pushing him down the Bloomberg Billionaires Index. Investors reacted ...

While some celebrate rapid technological advancement, others see it as a warning of potential mass displacement.

These developments, along with earnings calls and interviews with executives, make clear that AI has cemented itself as the single biggest catalyst for global corporate investment and the engine of ...

NEW YORK] Alphabet and Amazon were rewarded by investors for reporting better-than-expected third-quarter profits. At both companies, earnings were boosted by the increased value of their stakes in ...

CEO Summit finished its four-day program on an upbeat note, drawing participation from the leaders of the 21 APEC member economies and some 1,700 global business executives. Held from Oct. 29 to 31, ...

The tech industry’s job cuts this week alone have now topped 1,400 with the revelation of fresh Amazon job cuts.