The planned cuts include a workforce reduction of "around 15%", subject to labour union negotiations, the company added.

JPMorgan declined to comment and a spokesperson for Telefonica did not immediately respond to a request for comment.

Sony, once famous for its consumer electronics such as the Walkman, is aiming to strengthen its position in entertainment, ...

"Qwen 2.5-Max outperforms ... almost across the board GPT-4o, DeepSeek-V3 and Llama-3.1-405B," Alibaba's cloud unit said in ...

Microsoft: “There’s substantial evidence that what DeepSeek did here is they distilled knowledge out of OpenAI models and I ...

Nvidia: The Santa Clara, California-based tech company's invention of the graphics processor unit, or GPU, in 1999 helped ...

Apple: The trial offers 'text via satellite', while voice and data features will be added in the future, according to the ...

ISRO: Earlier, as the 27.30-hour countdown concluded, the 50.9 tall Geosynchronous Satellite Launch Vehicle (GSLV) rocket ...

The report pointed out the return on investment (RoI) in AI as DeepSeek's LLM is considered as an efficient model that could reshape the future of AI development.

"We have posted our highest-ever quarterly revenue despite a relatively slow festive season. We continue to grow at a faster ...

Disney: YouTube secured the second spot with a record 11.1% share of total TV time, marking its 10th consecutive month as one ...

DeepSeek: During his administration, former President Joe Biden placed a wide range of export restrictions on AI chips and ...