American tech executive and Cloudflare co-founder
Microsoft has announced 4,800 job cuts, about 2.1% of its workforce, with Xbox accounting for roughly 3,200 reductions across fiscal 2027 and 1,600 roles eliminated immediately. Xbox will spin out or divest five studios, flatten management and refocus on major franchises as the company shifts resources toward AI and margin improvement.
JPMorgan has restructured its AI leadership, retiring its AI chief and aligning the chief data and analytics office with Global Technology. The changes aim to integrate AI delivery into business units and sustain momentum in AI initiatives, as the bank emphasizes governance and external engagement.
Google announces Gemini has reached 1 billion monthly active users (MAUs) in the Gemini app, with voice input driving most usage. The milestone mirrors OpenAI’s ChatGPT and signals Gemini’s rapid integration across Google products, while OpenAI and others continue to compete in the AI race.