Microsoft announced it will eliminate roughly 4,800 jobs, about 2.1% of its global workforce, as it restructures parts of the company to prioritize artificial intelligence investments and other long-term business goals.
AI Investments
The move is part of Microsoft’s efforts to focus on AI and other emerging technologies. The company has been investing heavily in AI research and development, and has been working to integrate AI into its various products and services.
In related news, OpenAI unveiled a new enterprise offering called ChatGPT Work, designed to automate workplace tasks. Google is also exploring new uses for old phones, turning them into cloud servers.
Original reporting: Fox News (HLL/CB) — read the source article.