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#artificial-intelligence
fromFortune
1 week ago

Tech layoffs 2025: How Microsoft, Google, and Meta are plotting for the AI era

"These companies are freeing up capital to hire AI instead. It may seem like a neat distinction—but these experts say that these companies need the funds to make big bets on AI."
Tech industry
fromwww.cbc.ca
1 week ago

Oil industry continues focus on returning cash to investors over new big projects | CBC News

Alberta's oilpatch is generating billions in profits, but much of that is directed toward shareholder payouts rather than new operational expansions. Actual investment nosedived from $80 billion in 2014 to around $30 billion today, indicating that profits are not translating into new projects.
Canada news
fromIntelligencer
3 weeks ago

Mark Zuckerberg Is Convinced He Can Buy the Future

Building and deploying state-of-the-art generative AI models is extremely capital-intensive, resulting in an unsettling race for dominance among the richest companies.
Artificial intelligence
fromFortune Europe
1 month ago

Ireland sees thousands of jobs at risk from U.S. pharma tariffs

Irish Finance Minister Paschal Donohoe raised concerns that US pharmaceutical tariffs could jeopardize 75,000 jobs in Ireland, emphasizing the need for strategic fiscal management.
European startups
UK politics
fromwww.theguardian.com
1 month ago

Spending review 2025: who are the winners and losers?

The spending review highlights disparities, with health departments receiving significant increases while other departments face tightened budgets.
fromLondon Business News | Londonlovesbusiness.com
3 months ago

GB Bank breaks 2 billion balance sheet milestone, months after hitting profitability - London Business News | Londonlovesbusiness.com

This has been a period of rapid yet sustainable growth for the bank as we continue to tap significant demand for our fast, flexible financing solutions.
London startup
Marketing
fromFast Company
6 months ago

Sephora is giving its 700 stores a major makeover. Here's why

Sephora is investing in a major store redesign, contrasting the trend of retail store closures seen in other chains.
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