India’s latest aviation fiasco—about 3,000 flights cancelled since last week—has exposed the ill effects of leaving two-thirds of a fast-growing market in the hands of a single player and allowing it to become not just too big to fail, but also too big to tame. A passenger waits outside the IndiGo Airlines kiosk at the […]
Big Tech continues to cut jobs and make advances in artificial intelligence (AI). Amazon has planned to cut up to 30,000 jobs, procedures for which began on Tuesday. According to a Reuters report, the company is doing so to pare expenses and compensate for over-hiring during the peak demand of the pandemic, according to three […]
Citi sees AI capex across by the likes of Microsoft Azure, AWS and Google Cloud to reach $490 billion by 2026-end, up from $420 billion estimated earlier. Source link
