tech industry

Nvidia’s Huang calls AI doomsday warnings ‘complete nonsense’

Nvidia CEO Jensen Huang used his appearance at Goldman Sachs's The Goldman Sachs Group, Inc. Communacopia + Technology Conference on Thursday to push back against two lines of criticism dogging the AI industry: that advanced AI poses an existential threat…

Tech layoffs surge as AI restructuring hits 129,000 jobs in 2026

More than 6,300 technology jobs have been eliminated globally in the first week of September 2026, as major companies accelerate restructuring efforts driven by cost discipline, AI investment and a push for leaner operations.

Tech sector’s CO2 emissions rose in 2024 amid AI boom, UN report finds

Technology companies emitted 301 million tonnes of operational carbon dioxide in 2024, a 1.2 percent increase over the prior year, as the rapid expansion of artificial intelligence infrastructure continues to outpace the sector's climate commitments, according to a new United…

Tech sector cuts top 163,000 jobs in 2026, with AI cited in over half

Global technology companies have announced more than 163,000 layoffs since the start of 2026, with artificial intelligence cited as a driving factor in over 91,000 of those job cuts, according to a new report from TradingPlatforms, a financial research firm.

Tech layoffs top 205,000 in 2026 as AI cited in over half of cuts

The world's largest technology companies have eliminated more than 76,000 jobs in the first seven months of 2026, according to a report by Nairametrics, as firms accelerate restructuring efforts tied to artificial intelligence adoption, cost optimization, and shifting business priorities.

Microsoft to cut thousands of jobs across sales, consulting, and Xbox

Microsoft is preparing to cut under 2.5% of its roughly 220,000-person workforce in another round of layoffs expected to be announced as early as next week, according to a Business Insider report published on Monday.