Below you will find pages that utilize the taxonomy term “Quantum Computing Investment”
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Major AI & Tech Developments: Amazon Cuts 14K Jobs, IBM Quantum Breakthrough & AI Security Revolution | October 29, 2025
📋 Quick Takeaways
- Amazon announces 14,000 corporate job cuts representing 4% of workforce while investing heavily in generative AI
- IBM achieves quantum computing milestone with error correction running on AMD FPGAs, 10x faster than required
- Microsoft and OpenAI restructure partnership with $135B Microsoft stake and extended IP rights through 2032
- Palo Alto Networks launches comprehensive AI security platform with Prisma AIRS 2.0 and autonomous AI agents
- Nvidia reportedly developing $3 billion robotaxi fleet to challenge Tesla and Waymo by 2027
- OpenAI offers free ChatGPT Go for one year to all Indian users starting November 4
- U.S. government considers equity stakes in quantum computing startups through CHIPS program
🏢 Corporate Restructuring & Workforce Changes
Amazon Cuts 14,000 Corporate Jobs in AI-Focused Transformation
Major Workforce Reduction: Amazon confirmed on October 28, 2025, that it will eliminate approximately 14,000 corporate positions, representing roughly 4% of its corporate and tech workforce of around 350,000 employees.