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Microsoft Offers Exit Packages To 60,000 Staff As Company Pours Money Into AI

By NDTV

Microsoft is offering voluntary buyouts to about 60,000 employees, the company said on Monday, roughly a quarter of its workforce, as the tech giant seeks to cut costs while pouring money into artificial intelligence. Staff on select teams in the United States, Canada, India and Britain at vice president level and…

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Artificial intelligence

Computer systems that perform tasks that normally require human intelligence, such as understanding language, recognising images or making decisions.

AI is changing work, media and public services, raising questions about jobs, safety and regulation.

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