Cloudflare cuts 20% of its jobs due to AI, and its stock takes a 19% spill — 1,100 jobs disappearing as company increased usage of AI sixfold over past months

Cloudflare cuts 20% of its jobs due to AI, and its stock takes a 19% spill. The company announced it will be cutting 1,100 jobs and has increased its usage of AI sixfold over the past few months.
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Nvidia’s ISP piracy defense backfires as judge refuses to dismiss copyright lawsuit over more than 197,000 pirated books — scripts in NeMo Framework allegedly ‘have no other purpose’ than to speed up infringement

Nvidia said that its NeMo Megatron Framework has non-infringing uses and that it’s not liable for any piracy that its users might do.
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Samsung chip workers reject $340,000 one-time bonus, demand annual payouts like SK hynix’s $900,000 — workers want share of AI windfall, impending 18-day strike could cost Samsung up to $11.7 billion

Negotiations between the National Samsung Electronics Union, which represents workers in the company’s chipmaking division, and management have seemingly broken down over a single issue.
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Intel swipes Qualcomm veteran of 25 years to lead client computing — Alex Katouzian jumps ship to oversee consumer CPUs and physical AI

Intel appoints Alex Katouzian to lead client computing and physical AI efforts and confirms Pushkar Ranade as CTO, signaling a deeper shift toward AI-driven and edge computing systems
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Skyrocketing component prices push Big Tech capex to record $725 billion — Microsoft alone attributes $25 billion of AI budget to increased memory and chip costs

Google, Amazon, Microsoft, and Meta plan to spend a combined $725 billion on capital expenditure in 2026, a 77% increase over last year’s record $410 billion.
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Mark Zuckerberg says Meta is cutting 8,000 jobs to pay for AI infrastructure — insatiable compute demand means the company can’t rule out further headcount reductions

Meta spent $72.2 billion on capex in all of 2025. The midpoint of its new 2026 guidance would nearly double that figure in a single year.
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Google, Microsoft, Meta, and Amazon capex spending to hit $725 billion in 2026, up 77% from last year — analyst says bear thesis is ‘garbage’

Google, Amazon, Microsoft, and Meta collectively plan to spend $725 billion on capex in 2026, up 77% from last year’s record $410 billion.
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New 3D device computes using living brain cells — bioelectronic device uses 3D electronic mesh design paired with living tissue

Princeton researchers have developed a 3D bioelectronic device that combines living brain cells with embedded electronics, allowing neurons outside the body to perform simple computational tasks. The system may help scient…

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Union rally causes Samsung fab production to plummet by 58% during night shift as workers demand up to $400,000 bonuses — updated figures show over 40,000 people attended rally for better pay and bonuses

Samsung’s memory fab and contract chip foundry production for a single night-shift fell by up to 58% after a one-day strike. The union is gearing up for an extended 18-day labor action if company management refuses to meet…

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More than 30,000 Samsung union members take to the streets to demand an average bonus of $400,000 per worker — May 21 strike date looms, union points to rival SK hynix granting higher bonuses to its employees

Workers at Samsung’s largest chip fab staged a rally today, demanding higher pay and bonuses, comparing their compensation to what SK hynix offers its people.
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