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Top economist claims zero evidence of AI job losses despite 116,000 tech layoffs in 2025

Apollo Global Management's chief economist Torsten Sløk argues there's no proof artificial intelligence is eliminating jobs, pointing to rising employment data. But the claim contradicts widespread tech industry layoffs at companies like Wix, Block, Meta, and Amazon, where AI has been explicitly cited as the reason for cutting thousands of positions.

Business3 sources

Top economist claims zero evidence of AI job losses despite 116,000 tech layoffs in 2025

Business3 sources

Macron secures record €93 billion in AI investment at Choose France summit

Emmanuel Macron's annual Choose France summit at Versailles attracted €93 billion in foreign investment pledges, with major commitments for AI infrastructure and data centers. SoftBank alone committed €45 billion, while Brookfield and Ardian announced billions more for data center investments. The record sum surpasses eight years of previous investments combined.

Business2 sources

Macron secures record €93 billion in AI investment at Choose France summit

Business2 sources

Nutanix Unified Storage Earns NVIDIA Certification to Power Enterprise AI Infrastructure

Nutanix announced its Unified Storage solution achieved NVIDIA certification at the enterprise level, validating its ability to support large-scale production AI workloads. The certification addresses critical infrastructure challenges as enterprises build AI factories, ensuring full-stack interoperability and linear scalability from 10 GB/s for 32 GPUs to 160 GB/s for 1,024 GPUs.

Technology2 sources

Nutanix Unified Storage Earns NVIDIA Certification to Power Enterprise AI Infrastructure

Technology2 sources

Intel Crescent Island targets AI inference with cheaper memory, air-cooling to challenge Nvidia

Intel unveils Crescent Island, an AI chip designed for inference workloads that uses cost-effective LPDDR5X memory instead of expensive HBM. The air-cooled GPU supports up to 480 GB of memory and ships later this year as Intel pivots from its failed Gaudi training chips to focus on the growing inference market.

Technology4 sources

Intel Crescent Island targets AI inference with cheaper memory, air-cooling to challenge Nvidia

Technology4 sources

NVIDIA and TSMC Deploy AI Across Taiwan's Manufacturing Ecosystem With 500+ Partners

NVIDIA partners with TSMC and over 500 Taiwan-based manufacturers to transform AI infrastructure production. The collaboration integrates accelerated computing, simulation, and physical AI across chipmaking and server assembly operations. Companies like Foxconn report 80% faster root-cause analysis and 15% productivity gains using NVIDIA's AI tools.

Technology2 sources

NVIDIA and TSMC Deploy AI Across Taiwan's Manufacturing Ecosystem With 500+ Partners

Technology2 sources

Nvidia launches humanoid robot platform with Unitree amid US-China tech competition tensions

Nvidia CEO Jensen Huang unveiled a new humanoid robot platform combining Unitree's 6-foot H2 Plus robot, Nvidia's Jetson Thor chip, and Sharpa's dexterous hands. The Isaac Gr00t platform aims to accelerate robotics research at institutions like Stanford and ETH Zurich, but the partnership with Chinese humanoid robot maker Unitree raises security questions as US lawmakers consider banning the company's robots from federally-funded research.

Technology8 sources

Nvidia launches humanoid robot platform with Unitree amid US-China tech competition tensions

Technology8 sources

NVIDIA partners with Naver and SK Telecom to build gigawatt-scale AI factories in Korea

NVIDIA announced major partnerships with South Korean tech giants Naver and SK Telecom to build gigawatt-scale AI factories using its DSX platform. The infrastructure will support sovereign AI, agentic AI, and physical AI applications across Korea and beyond, with SK Telecom's first facility coming online in 2027.

Technology5 sources

NVIDIA partners with Naver and SK Telecom to build gigawatt-scale AI factories in Korea

Technology5 sources

SoftBank commits €75 billion to build AI data centers in France, its largest European bet yet

SoftBank Group announced plans to invest up to €75 billion ($87 billion) to build 5 gigawatts of AI data center capacity across France. The Japanese conglomerate is leveraging France's nuclear-powered electricity grid to bypass the energy challenges plaguing U.S. data center projects, marking its biggest AI infrastructure investment in Europe.

Business13 sources

SoftBank commits €75 billion to build AI data centers in France, its largest European bet yet

Business13 sources

Acer Veriton RA110 AI Workstation targets Mac mini with AMD Ryzen AI Max+ and local AI power

Acer unveiled the Veriton RA110 AI Mini Workstation powered by AMD Ryzen AI Max+ 395 processors, capable of running 200-billion-parameter AI models locally. The compact desktop PC features up to 128GB RAM, 2TB storage, and 126 TOPS of AI performance, challenging Apple's Mac mini in the professional compact desktop market.

Technology2 sources

Acer Veriton RA110 AI Workstation targets Mac mini with AMD Ryzen AI Max+ and local AI power

Technology2 sources

XCENA raises $135M on a bet that AI's real bottleneck is memory, not compute

XCENA, a chip startup founded by Samsung and SK Hynix veterans, secured $135 million in Series B funding at a $570 million valuation. The company's MX1 chip addresses the AI memory bottleneck by placing compute capabilities directly near DRAM, eliminating costly data round trips between CPUs, GPUs, and memory that slow down AI inference and drive up infrastructure costs.

Technology2 sources

XCENA raises $135M on a bet that AI's real bottleneck is memory, not compute

Technology2 sources

Amazon scraps internal AI leaderboard after employees game system through tokenmaxxing

Amazon has taken down KiroRank, an unofficial internal AI leaderboard, after employees began creating unnecessary AI agents to boost their rankings—a practice called tokenmaxxing. The initiative backfired as workers burned through costly tokens, driving up expenses while Amazon pushed for over 80% of developers to use AI weekly.

Business3 sources

Amazon scraps internal AI leaderboard after employees game system through tokenmaxxing

Business3 sources

IBM commits $15bn to quantum computing and cybersecurity in massive five-year investment plan

IBM revealed plans to invest $10bn in quantum computing over the next five years, targeting delivery of the first large-scale fault-tolerant quantum computer by 2029. The company is also committing $5bn to Project Lightwell, a cybersecurity initiative with Red Hat to secure open-source software, bringing total investments to $15bn as it positions itself for the next major technology shift.

Business2 sources

IBM commits $15bn to quantum computing and cybersecurity in massive five-year investment plan

Business2 sources

Spain adds third quantum computer to Barcelona Supercomputing Center in €9.8 million push

Spain has unveiled its third quantum computer at the Barcelona Supercomputing Center, integrating an analog quantum system into the MareNostrum 5 infrastructure. The €9.8 million machine, built by Barcelona-based Qilimanjaro Quantum Tech, marks a significant step toward European technological sovereignty in advanced computing capabilities.

Technology2 sources

Spain adds third quantum computer to Barcelona Supercomputing Center in €9.8 million push

Technology2 sources

TSMC targets 30% power savings as AI energy crisis forces chip design rethink

TSMC says surging electricity demands from AI are making energy efficiency the main constraint shaping future chip development. The world's largest contract chipmaker expects to cut power consumption by up to 30% by 2028 while delivering over 20% higher computing performance, as customers from smartphones to AI data centers prioritize performance with lower power usage.

Technology2 sources

TSMC targets 30% power savings as AI energy crisis forces chip design rethink

Technology2 sources

Nvidia pours $6.5 billion into photonics to solve AI's copper bottleneck problem

Nvidia has committed at least $6.5 billion to photonics companies since March, targeting what many see as AI's next critical infrastructure challenge. The chip giant is betting that light-based data transfer will replace copper wiring as the backbone of AI data centers, addressing bandwidth and energy constraints that threaten to slow AI progress.

Technology4 sources

Nvidia pours $6.5 billion into photonics to solve AI's copper bottleneck problem

Technology4 sources

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