Updated Apr 4
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Nov 12, 2026
TSMC Invests $1 Billion in Anthropic and OpenAI
The world's largest chipmaker is taking direct equity stakes in the two biggest AI developers. TSMC's board approved up to $500 million each for Anthropic's IPO shares and OpenAI preferred stock — a signal that the semiconductor giant sees long-term AI demand as durable, even as markets question AI spending.
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Nov 12, 2026
Qualcomm Begins Layoffs in India, Cutting Over 1,000 Jobs
Qualcomm has started cutting jobs in India as part of a global restructuring, with more than 1,000 roles at risk across Bengaluru, Hyderabad, and other cities. The chipmaker's revenue fell 3% to $43.1 billion in fiscal 2026, with smartphone chip sales down 25%.
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Apr 28, 2026
OpenAI Partners with AWS, Breaking Microsoft Exclusivity
OpenAI's generative AI models are now on Amazon Web Services, ending their exclusive deal with Microsoft. This change gives builders more options to experiment with AI via Amazon Bedrock. AWS CEO Matt Garman stated, "This is what our customers have been asking us for for a really long time."
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