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AI infrastructure investment boom

  1. Nvidia-backed Simplismart helps companies run AI models with fewer GPUs
  2. Nvidia to invest $3 billion in Meta as AI partnership deepens
  3. Meta plans $95 billion stock offering for AI infrastructure

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Laksh AroraLayoffs
Laksh Arora@techedlaksh

so who is gonna buy out @ElevenLabs after this one and integrate it into their products and distribution system - google - apple - openai - anthropic

Sep 29, 2026, 8:41 AM♥ 10 replies
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Wiger_aiJobs

AI 2027

Standard Chartered CEO just referred to his operational employees as “lower value human capital”. The AI transformation in the corporate world is already in full swing. In the first three months of 2026 alone, nearly fif…

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Jessica LowryJobs

AI 2027

Jessica Lowryon LinkedIn

Companies say AI lets them do more with fewer people. The numbers tell a messier story. In 2025, U.S. employers announced 1,206,374 job cuts, up 58% from 2024 and the highest annual total since 2020. By May 2026, AI was the leading reason companies gave for cutting jobs, at 40% of that month's announcements. This isn't just Big Tech. Accenture cut more than 11,000 people while revenue grew 7%. Citigroup plans to reach 20,000 layoffs by the end of 2026. Verizon has cut 13,000+ jobs since October 2025. Meanwhile, Forrester and Orgvue each found that 55% of employers who made AI-driven cuts no…

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Money this week

$365Bacross 23 rounds
  • Anthropic$100B
  • Meta$95B
  • OpenAI$30B
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