Meta to cut 10% of jobs to ‘offset’ Zuckerberg’s AI spending
Social media group plans to spend $135bn on data centres this year
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The AI boom is single-handedly carrying the U.S. import market—and adding $200 billion to the trade deficit, Fed study finds
Trump’s tariffs were supposed to narrow the country’s trade gap. The AI race won’t let that happen.
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Cursor’s 25-year-old CEO is a former Google intern who just inked a $60 billion deal with SpaceX
From Google intern at 18 to a billionaire at 25, Cursor CEO Michael Truell’s rise is one of Silicon Valley’s fastest.
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Trump’s ‘dirty ceasefire’ tested as Iran hits shipping
Pause may put a lid on full-blown war without stopping hostilities or easing energy crisis
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Intel lifted as Musk says his Terafab will use its latest chipmaking tech
US semiconductor group has been seeking a big customer for its ‘14A’ manufacturing system