US Companies Accused of AI Washing as Layoffs Surge to Highest Levels Since 2009
Over 54,000 layoffs blamed on AI in 2025, but experts say companies are using artificial intelligence as cover for cost-cutting and business struggles.
Over 54,000 layoffs blamed on AI in 2025, but experts say companies are using artificial intelligence as cover for cost-cutting and business struggles.
Amazon, Microsoft, Alphabet, and Meta's unprecedented AI investments spark investor fears, wiping over $1 trillion from tech stocks as resource shortages emerge.
Amazon's Trainium and Google's TPUs are gaining traction, generating billions in revenue and providing a viable alternative to Nvidia's chips for major AI players like Anthropic.