New data reveals that AI is on track to dominate venture capital investments in 2025, potentially accounting for over half of all VC funding. With 62.7% of recent U.S. investments going to AI, the landscape is changing drastically.
In a bold move, Microsoft has announced the layoff of 7,000 employees, approximately 3% of its workforce, as part of a strategic pivot towards AI investments. This decision is intended to optimize resources and bolster the company’s AI-centric initiatives, amid discussions about potential further layoffs.
