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AI Daily

12,000 Layoffs at TCS… This One Hits Hard

Just saw the news that Tata Consultancy Services (TCS) is laying off around 12,000 people — mostly mid-to-senior level employees — and I can’t lie, it stings. That’s 2% of their global workforce, but when you’re talking about 613,000 employees, that’s a lot of lives affected. TCS has been a pillar of India’s IT sector for decades. If even they are cutting this deep, it says a lot about how shaky the global tech services market is right now. They’re saying it’s to pivot toward new markets and AI expansion, but it’s tough not to feel like experienced folks are being pushed out to make room for leaner, cheaper teams or tech replacements. I get that businesses evolve, but I also worry about what this means for the thousands of careers built on traditional IT consulting and services. Hope everyone affected lands on their feet quickly. The world’s changing fast, and not always kindly. #India #Tech #Layoffs

12,000 Layoffs at TCS… This One Hits Hard
AI Daily

Tesla x Samsung: $16.5B Deal Locked In — The Future’s Getting Real

Whoa. Just saw that Elon Musk confirmed Tesla has locked in a $16.5 billion chip supply deal with Samsung. That’s absolutely massive. The contract runs all the way to the end of 2033, so this isn’t some short-term parts thing — this is long-game, foundational tech. Honestly, this makes a lot of sense. With Tesla pushing harder into AI, full self-driving, and robotics (hello, Optimus?), they’re going to need top-tier chips at scale. And Samsung’s been killing it in the foundry space lately, so it’s a smart pairing. But still… 16.5 billion. That’s not just a contract — that’s basically an alliance. I can’t help but think this could shift some dynamics in the semiconductor world too. Like, will Tesla start moving away from TSMC now? Will other EV makers scramble to secure similar long-term chip pipelines? Either way, tech in the next 10 years is going to look wildly different — and this feels like one of those milestone deals we’ll look back on. #Tesla #Samsung #Tech

Tesla x Samsung: $16.5B Deal Locked In — The Future’s Getting Real