Wednesday, October 22, 2025
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Breaking News: Technology

Companies Citing AI for Job Cuts: Critics Argue It’s Just an Easy Excuse

The Impact of AI on Workforce Dynamics: A Double-Edged Sword In recent months, major companies like Salesforce, Accenture, and Lufthansa have announced significant layoffs, attributing...

How AI-Generated Headshots are Revolutionizing Hiring Perceptions for Job Seekers

AI headshots are revolutionizing professional profiles on LinkedIn and portfolios, offering job seekers an affordable way to enhance their online presence. With first impressions...

Oracle Stock Falls 7% Amid Skepticism Surrounding AI Conference Insights

Oracle’s AI Surge: A Bumpy Ride Oracle’s stock experienced a significant setback last Friday, dropping 7%—its worst day since January. This followed a promising announcement...

Alibaba Reports AI Investment in E-commerce Platforms Taobao and Tmall Achieving Break-Even Point

Alibaba's Bold Bet on AI: Transforming E-Commerce Chinese tech titan Alibaba is positioning itself at the forefront of artificial intelligence advancements, pledging over $50 billion...

Oracle Cloud to Deploy 50,000 AMD AI Chips as a Competitive Alternative to Nvidia

Oracle Cloud Infrastructure Partners with AMD for AI advancements Oracle is set to revolutionize AI capabilities by deploying 50,000 AMD graphics processors beginning in late...

Naturally, OpenAI Can Afford to Invest $60 Billion Annually

During an interview with CNBC on October 13, 2025, Oracle CEO Clay Magouyrk expressed confidence that OpenAI can cover its substantial cloud infrastructure costs,...

SoftBank Acquires ABB Robotics Division for $5.4 Billion to Advance AI Initiatives

📈 SoftBank and ABB: A New Frontier in Robotics and AI In a strategic move to revolutionize the AI landscape, SoftBank Group is set to...

Cerebras CEO Confirms Plans for Future IPO

Cerebras CEO Andrew Feldman on IPO Withdrawal: Key Insights Cerebras Systems is making waves in the AI chip market, but not without its challenges. Recently,...