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Big Tech is on a cost-cutting spree to fund big AI bets

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Summary
Nutrition label

75% Informative

Amazon is on a cost-cutting spree to fuel its endless appetite for big AI bets.

The dating app's stock plummeted on Wednesday following its latest earnings report.

Palantir 's stock tanked 10% after reports that Defense Secretary Pete Hegghh ordered four-day budget cuts.

Microsoft unveiled Majorana 1 , a quantum chip the company says is powered by a new state of matter.

The development is "just as revolutionary as the silicon transistor," a quantum expert told BI .

Big Tech is exploring carbon capture, which essentially means burying carbon emissions underground.

Nikola filed for bankruptcy on Wednesday .

VR Score

72

Informative language

68

Neutral language

41

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

31

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