Following the surprising surge of DeepSeek’s reasoning-savvy genAI, Big Tech companies skidded over renewed questions regarding enormous AI investments. But Amazon is responding to DeepSeek’s claims of cheaper AI training by massively increasing its capital expenditures. CEO Andy Jassy contended that lower technology costs do not translate into reduced spending, underlining the firm’s strategy to…
AI is redefining performance standards in Big Tech
As tech giants use AI to automate traditional coding tasks, companies are simultaneously cutting lower-performing roles while competing for AI talent—creating a two-track job market where AI expertise increasingly defines career prospects. During a recent interview on “The Joe Rogan Experience,” Meta CEO Mark Zuckerberg dished on the company’s plans for its continued push into…
The great R&D reshuffle of 2024: AI drove significant restructuring across sectors
From enterprise software to drug discovery, artificial intelligence is triggering seismic shifts in corporate R&D strategies. SAP is investing €2 billion annually in AI while planning to cut up to 10,000 jobs. OpenAI is pivoting from its nonprofit roots toward a for-profit model valued at $80 billion. Hardware giants like Intel and AMD are slashing…