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Verizon Cutting More Than 13,000 Jobs As It Restructures

1 month ago
An anonymous reader writes: U.S. wireless carrier Verizon said Thursday it will cut more than 13,000 jobs in its largest single layoff as it works to shrink costs and restructure operations. Verizon also said it plans to convert 179 corporate-owned retail stores into franchised operations and close one store. Verizon's new CEO, Dan Schulman, said in a note to employees the company would reduce its workforce by more than 13,000 employees across the organization, and significantly reduce outsourced and other outside labor expenses. Related: Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

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Microsoft Exec Asks: Why Aren't More People Impressed With AI?

1 month ago
An anonymous reader shares a report: A Microsoft executive is questioning why more people aren't impressed with AI, a week after the company touted the evolution of Windows into an "agentic OS," which immediately triggered backlash. "Jeez there so many cynics! It cracks me up when I hear people call AI underwhelming," tweeted Mustafa Suleyman, the CEO for Microsoft's AI group. Suleyman added that he grew up playing the old-school 2D Snake game on a Nokia phone. "The fact that people are unimpressed that we can have a fluent conversation with a super smart AI that can generate any image/video is mindblowing to me," he wrote.

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Google and Westinghouse lean on AI to speed US nuclear plant builds

1 month ago
Pair say digital twin-powered scheduling will cut costs, shrink timelines for 10 planned reactors

Google and atomic power biz Westinghouse Electric claim that AI will speed construction and cut the cost of building the new US power plants it is planning in response to rising demands for energy to fuel AI.…

Dan Robinson