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IBM swings the axe as AI “efficiency” drive bites
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Thousands of suits to go before year’s end

Biggish Blue is swinging the axe again, with thousands of staff set to be shown the door before the year ends. The company insists it is part of “repositioning for the AI era.”

Qualcomm brews Snapdragon 8 Elite Gen 6 on 2nm
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New CPU layout and juiced-up performance

Qualcomm’s next flagship chip, the Snapdragon 8 Elite Gen 6, is shaping up to be a proper kitchen-sink job. Fresh leaks suggest it will use TSMC’s swanky 2nm N2P process and feature an all-new CPU cluster design.

Microsoft throws $9.7 billion at crypto miners for AI muscle
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IREN deal gives Redmond a mountain of Nvidia GPUs

Software King of the World, Microsoft has decided that the best way to stay on top of the AI arms race is to buy its way there.

China provides cheap juice for AI datacentres
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Beijing cuts power bills for data centres that ditch Nvidia

China has decided that if its homegrown AI chips can’t beat Nvidia on power, it’ll just make electricity cheap enough not to care.

Palantir boasts war profits while investors leg it
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AI arms dealer raises forecast as global bloodshed boosts bottom line

Anti-christ fearing Peter Thiel’s spook-friendly outfit Palantir is rubbing its hands as war and instability send its sales rocketing, even if the cocaine nose jobs of Wall Street are suddenly having second thoughts.