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Meta to fully automate advertising by 2026 amid industry disruption

Meta Platforms aims to fully automate advertisement creation and targeting by 2026, allowing brands to input product images and budgets while AI manages content and user targeting on Instagram and Facebook. This shift threatens traditional agency models, as evidenced by significant stock declines among major advertising firms following the announcement.However, brand safety concerns loom, with 60% of advertisers worried about risks in programmatic advertising, necessitating a balance between automation and human oversight. As competition intensifies from other platforms and regulatory scrutiny increases, Meta's focus on AI-driven advertising reflects its need to demonstrate measurable results amid a saturated user base.

Nvidia develops B30 AI chip to navigate US export regulations and China market

Nvidia is developing the B30 AI chip to comply with US export regulations, aiming to produce over 1 million units this year. This move reflects a broader trend among US semiconductor companies to create "China-compliant" technologies amid tightening restrictions, as they seek to maintain market access in China despite significant financial impacts from these measures. The B30 chip will enable users to connect multiple units for high-performance computing, highlighting the demand for alternatives to restricted high-end AI accelerators.

Nvidia warns of China risks while praising Trump amid sales growth

Nvidia reported a remarkable 69% sales growth but cautioned about increasing risks from the US-China tech conflict. In its quarterly filing, the company highlighted potential impacts from restrictions on open-source AI models from China and US regulations affecting connected vehicle technology. CEO Huang also expressed praise for Trump amidst these challenges.

Salesforce reduces hiring as AI tools reshape workforce dynamics

Salesforce is slowing its hiring due to the integration of artificial intelligence tools, which has allowed the company to reduce recruitment efforts. Chief Financial Officer Robin Washington announced that 500 customer service staff will be reassigned, saving an estimated $50 million. Additionally, the company is hiring fewer engineers as a result of these changes.

LinkedIn cuts 281 jobs as tech layoffs continue across the industry

LinkedIn has laid off 281 employees in California, primarily affecting software engineers, senior product managers, and talent account directors. This move follows Microsoft's announcement of a 3% reduction in its global workforce, equating to around 6,000 jobs.

synopsys halts forecasts amid new us export restrictions on china

Synopsys has suspended its annual and quarterly forecasts just a day after issuing them, following new U.S. export restrictions on chip design software sales to China. The company reported a decline in shares, which fell nearly 2% before the announcement, as uncertainty looms over its key market.

synopsys suspends sales to china amid us export restrictions

Synopsys has ceased sales to China in response to new US export restrictions, which require companies to obtain licenses for shipments. The restrictions affect a range of products, including design software and semiconductor chemicals, with previously granted licenses also revoked.

states compete for data centres amid rising demand and legislative pushback

States are competing to attract data centres, driven by the surging demand for artificial intelligence and cloud computing. While lawmakers are offering incentives to secure these facilities, there is growing pushback from communities concerned about the environmental and energy impacts of these energy-intensive operations.

synopsys halts sales in china amid new us export restrictions

Synopsys has ceased all sales and services in China due to new US export restrictions effective May 29, 2025, impacting Chinese chip design companies reliant on its electronic design automation (EDA) tools. This move marks a significant escalation in US export controls, targeting essential design software rather than just manufacturing equipment, and is expected to disrupt international R&D collaboration. Chinese firms must quickly seek alternatives to avoid significant delays in product development, while the restrictions may accelerate domestic investments in semiconductor capabilities.

AI regulations essential for safe adoption and economic growth in India

Artificial intelligence is set to drive significant productivity and economic growth in India, but industry leaders emphasize the necessity of regulations and governance to ensure safe adoption. As the nation aims for Viksit Bharat by 2047, technological empowerment and digital sovereignty will be crucial to navigate potential disruptions.

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