To the surprise of absolutely no one, a new report indicates that Microsoft's recent push to cut over 9,000 employees (or about four percent of its entire workforce) came about because the company needs more money to invest into AI.
According to a report by the Seattle Times, Microsoft is "looking to trim costs where it can" so it could continue to pour money into AI infrastructure, the costs of which have been on a steady rise as the technology becomes more widespread. The report also states that this does not necessarily mean Microsoft is replacing its workers with AI, but I find it hard to believe that that motive isn't hidden somewhere between the lines.
