Plans
Goldman Sachs plans more job cuts to boost savings, leverage AI push
[NEW YORK] Goldman Sachs Group told staffers to expect an additional round of job cuts this year as the bank seeks further savings across its businesses and takes advantage...
SoftBank’s Graphcore plans £1 billion chip investment in India
The US’s tensions with China have helped the country rise in prominence for global tech companies, but its AI infrastructure is still developing[LONDON] Graphcore, the British chip designer owned...
OpenAI lifts another AI laggard with big plans for AMD
OpenAI bestowed its blessings and backing on another tech company Monday, inking a deal with chipmaker Advanced Micro Devices, instantly making it one of the hot companies investors hope...
DoorDash plans to test drone deliveries in San Francisco warehouse
Food delivery app DoorDash is setting its sights on a new destination to test out flying drone deliveries: San Francisco.The tech company leased a warehouse in the Mission District...
China’s Dongfeng plans to list EV unit, take rest private
[NEW YORK] Dongfeng Motor Group plans to withdraw its Hong Kong shares in a new twist on a long-awaited restructuring, part of a transaction that will result in a...
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On Friday, Intel saw its stock drop...
Delta plans to use AI in ticket pricing draws fire from US lawmakers
[WASHINGTON] Three Democratic senators have pressed Delta Air Lines CEO Ed Bastian to answer questions about the airline’s planned use of artificial intelligence to set ticket prices, raising concerns...
Indonesia plans US$8 billion refineries contract with US firm amid tariffs deal: sources
[JAKARTA] Indonesian sovereign wealth fund Danantara plans to sign a US$8 billion engineering, procurement and construction contract with US engineering firm KBR to build 17 modular refineries, according to...
