Tech Industry

Apple Commits $30 Billion to Broadcom for US Chip Manufacturing Push

Apple announced an investment exceeding $30 billion with Broadcom to advance domestic chip manufacturing in the United States. This represents one of Apple’s largest semiconductor supply chain investments in recent years, aimed at addressing global chip shortages and geopolitical risks while promoting localized production of critical technologies.

Oracle Launches Massive Layoffs, Up to 30,000 Workers Affected as AI Spending Surges

Oracle announced a massive layoff plan affecting up to 30,000 employees globally, marking another tech giant cutting jobs to fund its AI investments, following similar moves by Meta and Microsoft.

Meta Announces 10% Layoffs, Over 20,000 Jobs Cut Amid AI-Driven Transformation

Meta announced it will lay off approximately 10% of its workforce, affecting over 20,000 employees as the company pivots aggressively toward AI, marking a new phase in the tech industry’s AI-driven labor restructuring.