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Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years (Reuters)
Saturday August 09, 2025
Reuters:
Experts say TCS' decision to cut 12K jobs signals the start of an AI-fueled trend that could eliminate ~500K jobs in India's $283B IT sector within three years — Indian outsourcing giant Tata Consultancy Services' (TCS.NS) decision to cut over 12,000 jobs signals the start of a broader AI-fueled trend …
An analysis of over 1M words of conversation between a ChatGPT user and ChatGPT shows how chatbots can lead ordinarily rational people to spiral into delusion (New York Times)
Saturday August 09, 2025
New York Times:
An analysis of over 1M words of conversation between a ChatGPT user and ChatGPT shows how chatbots can lead ordinarily rational people to spiral into delusion — Over 21 days of talking with ChatGPT, an otherwise perfectly sane man became convinced that he was a real-life superhero.
The precise scale of Apple's pledge to invest $600B+ in the US over four years is difficult to measure, as the company has not provided a breakdown of its plan (Financial Times)
Saturday August 09, 2025
Financial Times:
The precise scale of Apple's pledge to invest $600B+ in the US over four years is difficult to measure, as the company has not provided a breakdown of its plan — Tech giant promised Donald Trump hundreds of billions of spending — but the real scale is difficult to measure
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The controversy involving Tokyo Electron over alleged TSMC IP theft comes at a low point for the company, after order cancellations and a lull in Chinese demand (Bloomberg)
Saturday August 09, 2025
Bloomberg:
The controversy involving Tokyo Electron over alleged TSMC IP theft comes at a low point for the company, after order cancellations and a lull in Chinese demand — A Taiwanese investigation into the possible theft of chip technology at Taiwan Semiconductor Manufacturing Co. is putting a low-profile …
Analysis: Nvidia has the biggest weight in the S&P 500 of any individual stock since 1981 and the highest P/E as the index's top stock since Microsoft in 1999 (Luke Kawa/Sherwood News)
Saturday August 09, 2025
Luke Kawa / Sherwood News:
Analysis: Nvidia has the biggest weight in the S&P 500 of any individual stock since 1981 and the highest P/E as the index's top stock since Microsoft in 1999 — Nvidia is a milestone magnet. — Less than one month after becoming the first publicly traded company to reach $4 trillion in market cap …
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