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Microsoft’s announcement Monday was part of the company’s planned $15.2 billion investment in technology in the UAE.

Jassy said the cuts weren’t AI-driven, “not right now at least.”

The agreement comes less than a week after OpenAI altered its partnership with its longtime backer Microsoft, which until early this year was the startup’s exclusive cloud computing provider.

The continent’s political future could be defined by a never-ending struggle between the centre and the radical right

Deposition with Black Cube co-founder details how firm profits from placing stories and prompting regulatory investigations

Chancellor examining wide range of measures in bid to fill fiscal hole of between £20bn and £30bn

The risk now is that well-intentioned landlords — the majority — find themselves caught in the crossfire