Meta and Amazon announce multibillion-dollar CPU deal. Meta (META) rises 0.6%, Amazon (AMZN) gains 1.4% as Graviton chips ...

Meta will use hundreds of thousands of Graviton chips from Amazon Web Services in a deal that will last at least three years.

Amazon.com Inc. and Meta Platforms Inc. have struck a multibillion-dollar deal for the social-media giant to rent hundreds of ...

The tech giant is offering long-serving employees early retirements as it continues to invest aggressively in artificial ...

Microsoft is rolling out voluntary buyouts for some of its US employees, a first for the 51-year-old tech giant as it adjusts ...

Meta said it would use “tens of millions of cores” worth of Amazon’s ​Graviton central-processing units.

In 2024, Amazon anchored a financing round of about $500 million for X-Energy, which said at the time that it was working with the tech giant to bring more than 5 gigawatts of new power projects ...

This is expected to be the first round of sweeping layoffs, set for May 20, with a second round scheduled for the second half ...

Already this year, it has started grading employees in performance reviews on their AI use; created ultraflat teams with ...

Under the agreement, Meta will deploy “tens of millions of cores” of AWS’s Graviton5 chips across its systems. While each ...

Druckenmiller, who said he sold Nvidia too early, recently dumped his stake in Meta Platforms and doubled down on two cloud ...

Meta said on Thursday it plans to lay off roughly 10% of its workforce, or about 8,000 people, the latest in a string of tech ...