Business
Intel unveils plans to axe 15% of workforce in cost saving initiative
The company also issued a revenue warning for the third quarter of the year, revealing that it was planning to focus more on artificial intelligence semiconductors, instead of traditional data centre ones in the coming months.
Culture news
Video game performers walk picket lines in protest of unregulated AI
The striking performers are protesting against what they call an unwillingness from top gaming companies to protect union voice actors and motion capture workers equally against the unregulated use of artificial intelligence.
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Business
Meta: Intelligent use of AI gives earnings boost to Facebook's owner
Meta Platforms reported better-than-expected earnings for the second quarter, as the company experienced robust growth in its advertising sales, thanks to AI-powered technology. However, investors also have concerns about its heavy spending on these innovations.
Markets
What Zuckerberg has in store for Meta on big tech earnings week
Meta Platforms is scheduled to report its second-quarter earnings on Wednesday. Analysts expect the company to continue its double-digit growth with key focuses on advertising income and its newly announced AI tool, the Llama 3.1 model.
