IT industry & companies
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- IT industry & companies · Networking
Verizon and AT&T keep cutting jobs
Verizon reportedly laid off about 50 employees per day for 92 consecutive days. AT&T is also carrying out layoffs.
Full story at PhoneArena ↗ - Artificial intelligence · IT industry & companies · IT law & regulation
OpenAI plans a lobbying push after the US midterms
OpenAI is preparing a political lobbying and PR campaign for after the US midterms. The text gives no further details.
Full story at The Decoder ↗ - Chips & hardware · IT industry & companies
Intel stock has its worst day since 1974
Intel had its worst one-day stock performance since 1974, a day after shares reached just over $92. The US government invested $8.9 billion in the chipmaker in August 2025.
Full story at Futurism ↗ - Artificial intelligence · New AI models · IT industry & companies · Open source
Stability AI gets new funding and a new CEO
Stability AI announced significant new investment from an investor group and appointed Prem Akkaraju as CEO. It also announced the open release of Stable Diffusion 3 Medium, its image generation model.
Full story at Stability AI ↗ - Networking · Cloud & data centers · Artificial intelligence · IT industry & companies
Lumen and Microsoft expand joint selling of AI networks
Lumen Technologies and Microsoft announced an expanded co-selling collaboration. It aims to help enterprises connect the data, applications and infrastructure behind AI workloads.
Full story at news.microsoft.com ↗ - Cloud & data centers · Networking · IT industry & companies
Broadcom introduces VMware Cloud Foundation Telco
VMware Cloud Foundation Telco is a platform for telco infrastructure. Broadcom points to pressure to modernize networks and cut costs, rising hardware costs and AI-driven memory supply issues.
Full story at blogs.vmware.com ↗
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