While workforce cuts raise concerns, the tech sector is poised for significant growth, with jobs in big data, fintech, and AI expected to double by 2030.
Job cuts are continuing into 2025 following waves of reductions last year. Companies such as Meta, Microsoft, BlackRock, and BP are conducting layoffs. See the list of companies letting workers go ...
The BlackRock CEO also weighed in on AI's energy implications and crypto's role as an alternative "currency of fear."
OpenAI has announced that it's teaming up with Softbank and Oracle on $100 billion data center project in the U.S.
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Mixed results from megacap companies Microsoft, Tesla and Meta Platforms on Wednesday threatened to add to volatility following ruptures earlier in the week in the artificial intelligence trade that h
Wall Street analysts are largely positive, with a consensus “Strong Buy” rating for Microsoft stock. The average price target is $510.32, suggesting 14.1% upside from the current price.
The global race to build generative AI capabilities has intensified with the inauguration of US President Donald Trump, who made AI a top priority.
There's a growing underground market connecting job seekers to anonymous company insiders willing to help the applicants get a foot in the door.
Larry Fink, CEO of BlackRock, called for the US Securities and Exchange Commission to expedite approval for tokenizing bonds and stocks,
“The biggest risk we have worldwide today is the world believes we are past the high point of inflation,” Fink told Bloomberg Wednesday on the sidelines of the World Economic Forum in Davos, Switzerland, noting that his view conflicts with what market forces are saying. “I could truly see a scenario where we are going to have elevated inflation.”
Following this warning, in September 2024, BlackRock, in collaboration with Microsoft, Global Infrastructure Partners, and MGX, announced a new AI partnership aimed at investing in data centers and supporting power infrastructure. This initiative was part ...