Tech company offers buyouts in an effort to reduce costs amid the rising use of AI, according to reports Microsoft announced that it would offer buyouts to 60,000 employees in an effort to reduce costs amid the rising use of artificial intelligence, according to reports, the latest example of how AI is reshaping tech companies and the greater workforce. This is the latest of several trimmings Microsoft has made to its workforce this year. The company announced in April that it was offering voluntary retirement to about 7% of its US workforce, which consisted of about 125,000 employees at the time. Its global workforce is made up of about 223,000 workers globally. Continue reading... from The Guardian https://ift.tt/CZfEg1l
Authentic Brands Group says AI company infringed on rights of songs by the King such as Can’t Help Falling in Love The owners of Elvis Presley ’s music catalogue are suing artificial intelligence ( AI ) company Anthropic for allegedly using Presley’s songs to train their models without permission. Authentic Brands Group, the licensing organization that has ownership of both Presley’s music and likeness, is accusing Anthropic of infringing on the rights of 274 songs by Presley. The lawsuit, first reported by Billboard , was filed on Friday. Continue reading... from The Guardian https://ift.tt/BWu2nKm