China’s Baidu has begun large-scale layoffs that could reshape its workforce structure, as the company faces intensifying competition in artificial intelligence and shrinking advertising revenue, six people with knowledge of the matter said, Reuters reported. The reductions, which started this week, are expected to continue until the end of the…
Global investment in geothermal energy is set to soar, with capital expenditure (capex) projected to climb by approximately 20%…
OpenAI’s rapidly growing infrastructure requirements are driving a surge of borrowing among its partners, pushing total debt tied to…
The artificial intelligence sector has entered a new phase of rivalry and rebalancing, with Google unexpectedly emerging as this…
Digital assets performed well on Thursday as the global crypto market cap increased by 3% the previous day to…
Germany is moving into December with a slight lift in consumer sentiment as households prepare for the holiday season.…
Japanese brewing giant Asahi has disclosed that a September ransomware attack may have compromised personal information belonging to more…
Puma shares rallied more than 13% on Thursday after reports that Chinese sportswear giant Anta Sports is weighing a…
