Microsoft is set to lay off several thousand employees, primarily in its sales department, as part of a restructuring aimed at optimizing its workforce while advancing its costly artificial intelligence initiatives. This move follows a previous reduction of 10,000 jobs in January 2023 and comes just before the start of the company's new fiscal year in July.

Meta Platforms is cutting approximately 600 jobs from its AI division, impacting teams involved in AI products and research. However, the new TBD Lab unit, which focuses on high-profile AI projects, will not be affected by these layoffs, and the company aims to continue hiring AI talent.

The article from DeadStack summarizes the latest technology news, including significant developments such as a $1 billion partnership between the U.S. Department of Energy, AMD, and HPE for AI supercomputers, Amazon's plans for major layoffs affecting tens of thousands of corporate workers, and a breakthrough in pixel technology achieving a size of just 300 nanometers. Other highlights include updates on software grants and new product launches from major tech companies.