Revenue for public cloud services for companies such as Microsoft, AWS, and Google increased 19% year over year in the first half of 2023 on the back of the increased adoption of AI and organizations’ persistent interest in moving more and more resources to the...
Microsoft has partnered with the AFL-CIO — the largest US union group, representing 60 unions and 12.5 million workers — to explore how AI will impact workers amid growing concerns about job losses with the rising adoption of the technology.The collaboration was...
Generative AI has the potential to boost workplace productivity, automating tasks such as drafting emails and providing meeting summaries. But deciding how much businesses should pay to access these tools can be a conundrum for software vendors.“This is untested...
The Biden administration said Monday it will grant $35 million to BAE Systems to expand operations at the British company’s New Hampshire plant, which is pivotal in producing computer chips for military aircraft.This funding initiative marks the inaugural allocation...
During the Covid crisis, Apple learned that putting the majority of its production in one nation weakened its supply chain. Since then, it has been working to fix that problem by encouraging partners to open up in new nations.That’s a sensible response to supply-chain...
Over the past 30 years, the US share of global semiconductor production has fallen from 37% to just 12%, according to White House figures.Meanwhile, China’s share of chip manufacturing has grown nearly 50% over the past two years and now makes up about 18% of the...
