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‘No hire’ job market leaves unemployed in limbo as threats to economy multiply
Despite low unemployment, job seekers face the slowest hiring pace in over a decade as economic uncertainty, tariffs and AI fears stall recruitment.
Scale AI to open Crystal City office in December
Scale AI will relocate from Washington, D.C., to Crystal City, opening a 22,000-square-foot office as part of a national expansion.
Irish data center power manufacturer opens first US plant in James City County
An Irish energy infrastructure manufacturer focused on data centers will establish its first U.S. plant in James City County, a $5.225 million investment expected to create 250 jobs, Gov. Glenn Youngkin announced Wednesday.
Microsoft to ship 60K Nvidia AI chips to UAE
Microsoft won U.S. approval to send over 60,000 Nvidia GB300 AI chips to the UAE under strict safeguards despite Trump’s export remarks.
Northern Virginia AI startups raise millions
This summer, investors poured money into Northern Virginia-based AI startups offering solutions for data centers, the military and bias in AI. In July, Emerald AI — incorporated in Washington, D.C., but with primary offices in Clarendon — launched with $24.5 million in seed funding, and Rosslyn-based Rune Technologies raised $24 million in a Series A […]
Samsung Electronics in talks with Nvidia to supply next-generation HBM4 chips
Samsung is in talks with Nvidia to supply next-gen HBM4 chips, aiming to close the gap with SK Hynix in the booming AI chip market.
AI chipmaker Nvidia is the first $5 trillion company
Nvidia becomes the first $5 trillion company as AI demand drives record growth, partnerships and concerns of a tech bubble.
Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates
Amazon will cut about 14,000 corporate jobs as it reduces bureaucracy and boosts investment in artificial intelligence.
Meta cutting 600 AI jobs even as it continues to hire more for its superintelligence lab
MENLO PARK, Calif. (AP) — Meta Platforms is cutting roughly 600 artificial intelligence jobs even as it continues to hire more workers for its superintelligence lab, the company confirmed on Wednesday. Axios first reported the cuts, which will affect Meta’s Fundamental AI Research, or FAIR unit, as well as product-related AI and AI infrastructure units. […]
Reddit sues Perplexity, others for alleged data scraping
Reddit sued Perplexity AI and others, accusing them of scraping user content for profit and bypassing anti-scraping measures.
Dataminr to buy Arlington cybersecurity firm for $290M
Dataminr announced Tuesday it plans to acquire Arlington County-based cybersecurity firm ThreatConnect in a deal valued at $290 million.
BlackRock, Nvidia, Microsoft in $40B data center deal
BlackRock, Nvidia and Microsoft are buying Aligned Data Centers for $40B to expand global AI and cloud infrastructure.
