The company is looking to cut costs starting this week as it continues to spend aggressively on artificial intelligence. Another round of cuts is expected in January.
Qualcomm, which is known for its chips in smartphones, also announced a deal with Humain, a Saudi-backed A.I. company. The news sent Qualcomm's share price soaring.
The kingdom is pouring money into data centers and working with U.S. and Chinese tech giants, landing its A.I. ambitions in the middle of a geopolitical tussle for tech power.
The angst of nu metal is being discovered by Gen Z, but with digital eyes always looming, the ephemeral catharsis of collectively going mad is a thing of the past.
A mother in Florida filed a lawsuit against an A.I. start-up, alleging its product led to her son's death. The company's defense raises a thorny legal question.
While the company announced job cuts in artificial intelligence, it also expanded plans to replace privacy and risk auditors with more automated systems.
Ford said a fire at an aluminum factory will lower profits in the last three months of the year. The company also said it has stopped making an electric version of its popular F-150 pickup.