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Meta signs multibillion-dollar deal for Amazon Graviton5 chips as AI compute demand outstrips $135B capex budget

Summary: Meta signed a multibillion-dollar, multi-year deal to deploy tens of millions of Amazon’s Graviton5 ARM CPU cores in AWS data centres for agentic AI workloads. The chips are general-purpose processors, not AI accelerators, handling the CPU-intensive inference and orchestration tasks behind real-time reasoning and multi-step agents. The deal is one piece of a procurement […]
This story continues at The Next Web
Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.

Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]
This story continues at The Next Web
Beef's Big Matthew Kim finally opens up on childhood before k-pop
The US gets the worst phones
From web to Artificial Intelligence: Building the missing links

For years, the web intelligence industry has been a reliable support system for major data-powered developments across industries. As big data kept getting bigger, the infrastructure requirements to ensure sustained data flow became harder. In recent years, AI has been taking the biggest leaps forward. The story of how the web intelligence industry responded to […]
This story continues at The Next Web