AMD to cut 4% of workforce to prioritize AI chip expansion and rival Nvidia
Advanced Micro Devices (AMD) is laying off 4% of its global workforce, around 1,000 employees, as it pivots resources to developing AI-focused chips. This marks a strategic shift by AMD to challenge Nvidia’s lead in the sector.
AI, ASML
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ASML said it would maintain its 2030 sales and margin targets, betting that booming demand for artificial intelligence will ...
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The company plans to widely release its ‘Trainium 2’ AI training chip next month. The chip development is led by ...
Juniper Networks Inc. on Tuesday disclosed that it has invested in Recogni Inc., a startup with an artificial intelligence ...
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