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The Latest Breaking News from Business Insider

H-1B filings rise at OpenAI, Anthropic and Nvidia as companies expand overseas recruitment

AI firms OpenAI, Anthropic, and Nvidia are boosting H-1B visa applications. This comes as they compete for specialized talent. Other major tech companies like Meta, Microsoft, Amazon, and Google are reducing their visa filings. New H-1B rules favor higher-paid applicants. A court blocked a proposed fee on overseas applicants.

The Economic Times

She couldn’t pay her hotel bill: Meet Maja Chwalińska, the qualifier who battled depression and financial struggles to reach the French Open final

Maja Chwalińska story: Polish qualifier Maja Chwalińska has achieved a historic feat at the 2026 French Open, reaching the women's singles final despite starting outside the top 100. Her remarkable journey, marked by financial struggles and a past battle with depression, culminates in a Grand Slam final appearance, a first…

The Economic Times

A CEO denied raises to spend money on AI instead. Companies have 'no idea what they're going to need in a workforce' when the AI race is over.

Companies may be cutting raises and benefits to create attrition, one expert says.

Fortune

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Google Cloud layoffs: Threat intelligence team, Mandiant employees among those affected

Google Cloud has recently implemented job cuts, impacting teams including employees in Mandiant and its Threat Intelligence Group. These layoffs are reportedly aimed at reallocating resources towards growth areas, particularly artificial intelligence. This move aligns with a broader tech industry trend of significant investment in AI and subsequent layoffs to…

The Economic Times

Kevin O'Leary Pushes Back Against Calls To Shrink Massive Utah AI Data Center Project

Kevin O'Leary is pushing back against calls to dramatically reduce the size of a proposed artificial intelligence data center campus in northern Utah.

International Business Times

Kevin O’Leary’s gargantuan data center cut down by half after battle with Utah lawmakers

The data center’s campus was originally going to be twice the size of Manhattan. Now it will only be slightly larger than the island

The Independent UK

Software company tells its 5,000 employees no raises this year so the money can go to AI

Teradata CEO Steve McMillan says the decision was driven by a desire to ‘win in the market with AI’

The Independent UK

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5,100 employees won't get salary hikes as Tech CEO says company is spending on AI instead

Teradata salary hike 2026: Cloud software company Teradata has decided to freeze annual salary increases for its 5,100 employees in 2026 as it redirects those funds towards expanding its artificial intelligence capabilities. The move underscores the growing competition in the AI race, with companies prioritising technology investments to drive future…

The Economic Times

Investor Kevin O'Leary Claims China Is Behind Opposition to His Utah Data Center

Investor Kevin O'Leary has turned a local Utah fight over water, power and land into a national security argument.

International Business Times

Nvidia CEO Jensen Huang advises students: 'Whatever you decide is your passion, the only one thing that you have to do is...' - here are the list of careers and skills he says will continue to remain valuable in the AI era

Nvidia CEO advice for students choosing careers: Nvidia CEO Jensen Huang advises parents against stressing over "AI-proof" subjects for their children. He emphasizes that fundamental human skills like storytelling and creativity will remain crucial, suggesting AI should be embraced to enhance learning and purpose rather than avoided.

The Economic Times

OpenAI offers $445,000 job to solve problems that may not exist yet. Sam Altman wants candidate who is “tasteful and strategic”

OpenAI is hiring a researcher for a staggering ₹2.5 to ₹3.7 crore salary to ponder future AI risks, specifically recursive self-improvement. This role demands strategic thinking for potential future problems, not just current ones. The company's Preparedness team focuses on high-risk AI areas, aiming to mitigate dangers before they escalate.

The Economic Times

Microsoft veteran Yusuf Mehdi to exit after 35 years

After 35 years at Microsoft, consumer chief marketing officer Yusuf Mehdi announced his departure, planning to leave in June 2027. Mehdi, a key figure in product launches from Windows 95 to Copilot Plus PCs, will focus on Windows, Microsoft 365, and the One Copilot vision during his remaining time.

The Economic Times

Business Insider CEO Barbara Peng to depart end June

Business Insider CEO Barbara Peng is stepping down by the end of next month to pursue new opportunities driven by technological change. Christian Baesler will serve as interim lead. Peng's departure follows recent newsroom staff reductions as the company navigates challenges posed by AI in search.

The Economic Times

Walmart is getting into restaurant delivery and now offers groceries along with your McDonald’s order

In addition to getting groceries and electronics delivered from Walmart, customers can now get food from restaurants located within the store

The Independent UK

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International Business Times UK

GTA 6 Release Date and Preorder Price: Leak Proven False After Best Buy Rumors Trigger Take-Two Stock Whiplash

Pre-order rumours for GTA 6 tied to Best Buy emails have fizzled out, briefly jolting Take-Two's share price and leaving fans no closer to a price or firm details.

The Economic Times

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Economic Times

Amazon layoffs: More jobs slashed after 30,000 roles cut in recent months

Amazon has announced fresh job cuts in its Selling Partner Services division. This move follows a recent review aimed at improving efficiency. The company is also increasing its investments in artificial intelligence across various operations. These layoffs are part of a broader trend in the tech sector.

International Business Times UK

Read LinkedIn CEO's Internal Memo Announcing Layoffs as Reports Say 5% of 17,500 Workforce Faces Cuts

LinkedIn is cutting 5% of its workforce, affecting 875 employees globally, as part of a restructuring effort to focus on high-priority infrastructure and cost-saving measures.

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Fortune

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

"I don't think being consumer-in-chief really helps a CEO be effective in this business," said Take-Two Interactive Software CEO Strauss Zelnick.

International Business Times UK

Ex-White House Resume Screener Fixes CVs For $1,900 — This Side Hustle Has Made $400K

Jennifer Clinchy reviewed thousands of resumes at the White House from 2010 to 2017. Her consulting side hustle has earned $400,000 (£316,000).

International Business Times UK

'Incredibly Ashamed': Google DeepMind Scientists Revolt Over Secret Pentagon Deal to Use AI in Warfare

Google faces backlash as over 600 employees protest a classified Pentagon AI deal, raising concerns about ethical AI use and potential damage to the company's reputation.

International Business Times UK

Disney Layoffs: Full Breakdown of the Severance and Benefits for Laid-Off Employees Under Josh D'Amaro

Disney has begun paying out severance packages in its first wave of layoffs under new CEO Josh D'Amaro, with payouts tied to level and years of service, and some staff receiving bonuses, unused holiday pay, and continued health cover.

Tom’s Hardware

Anthropic surpasses biggest rival OpenAI in secondary market valuation — surges to $1 trillion amid frantic investor interest

Anthropic’s secondary market valuation has reportedly surged to $1 trillion, surpassing OpenAI’s $880 billion, driven by intense investor demand for AI exposure, and highlighting speculative pricing in secondary markets.

International Business Times UK

Red Lobster Revives 'Endless Shrimp' Deal at Higher Price Point After Millions in Bankruptcy Losses

Red Lobster's 'Endless Shrimp' returns at $24.99 to $29.99 after the $20 version caused $11 million in losses. Former servers warn the revival risks repeating history.

Latin Times

Trump Bank Citizenship Plan Could Hit 21.3 Million Americans Lacking Proof Papers and More than 69 Million Women

The Trump administration's proposed banking order is beginning to look less like a narrow immigration measure and more like a sweeping paperwork test for millions of Americans, especially women whose legal names no longer match the names on their birth certificates.

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