Amazon is continuing layoffs while expanding AI investments and strengthening its technology and business operations in India.
Major tech companies are cutting over 20,000 jobs as AI investments reshape business priorities and workforce strategies.
Meta plans to cut 10% of its workforce, impacting around 8,000 employees as part of restructuring efforts.
Nvidia invests $900M to hire Enfabrica CEO Rochan Sankar and license AI hardware technology, strengthening its push in advanced computing and data infrastructure.