Hitachi and Microsoft forge a multi-billion dollar partnership to drive social innovation through generative AI. The alliance aims to boost Hitachi's Lumada business.
Meta's AI chief Yann LeCun defended the company against accusations of using misinformation to drive engagement, refuting claims that Meta employs such tactics and highlighting changes made to Facebook's algorithm since 2017.
Satya Nadella-led Microsoft and Sundar Pichai's Alphabet have announced significant layoffs, impacting hundreds of employees across various departments, despite strong financial performances in the first quarter of 2024.
China's Semiconductor Manufacturing International Corp. (SMIC) is ramping up chip production using domestic tools at its new Jingcheng facility, aiming to counteract U.S. export restrictions and reduce reliance on American technology.