AMD cuts 1,000 jobs to focus more on AI chips-and narrow Nvidia's lead
Briefly

Some media executives indicated a potential resurgence of brands on Elon Musk's platform X, motivated by the hope of aligning with the billionaire as he gains clout within the Trump administration.
Deactivations on X have skyrocketed since the election results, signaling a growing shift of users to competitors like Bluesky, with the Guardian's recent withdrawal highlighting further platform woes.
AMD's strategic shift towards artificial intelligence has led to job cuts comprising 4% of its total workforce, equating to about 1,000 roles, in a bid to remain competitive against Nvidia.
Polymarket's CEO Shayne Coplan is now under investigation by the FBI for potential illegal betting services for U.S. users, following a successful pre-election prediction model which gained media attention.
Read at Fortune
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