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Meta will begin manufacturing its custom AI chip, codenamed Iris, in September as part of a plan to boost computing power to 14 gigawatts by 2027. Built with Broadcom and TSMC, the chip is designed for i
Microsoft is reportedly preparing another round of layoffs affecting thousands of employees across sales, consulting, and Xbox divisions as the company redirects resources toward AI infrastructure. The m
Qualcomm has agreed to acquire AI software startup Modular in a deal valued at roughly $4 billion, marking one of the largest AI software acquisitions in recent history. The move positions Qualcomm to co
OpenAI has unveiled its first custom AI processor, codenamed Jalapeño, developed in partnership with Broadcom. The chip is designed specifically for large language model inference and aims to reduce the
Scale AI led a mission of over 100 Canadian organizations to VivaTech 2026 in Paris, strengthening partnerships with European governments, research institutions, and technology firms. The initiative high
A major shift is underway in corporate artificial intelligence. Industry leaders are abandoning generic chatbots and experimental pilots in favor of agentic AI systems that execute real workflows, automa
