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Chinese H-1B

Florida moves to ban H-1B visas across state universities

Washington: Florida Governor Ron DeSantis announced Wednesday that he is directing the state’s Board of Governors to end the use of H-1B visas across state universities, saying that positions currently held by visa holders should be filled by Florida residents. Speaking at a press conference...

Nvidia

AI chipmaker Nvidia is first $5 trillion company

New York: Nvidia has become the first $5 trillion company, just three months after the Silicon Valley chipmaker was first to break through the $4 trillion barrier. Hitting the new benchmark puts more emphasis on the upheaval being unleashed by an artificial intelligence craze that's...

India and Russia to jointly produce SJ-100 civil aircraft

New Delhi: India and Russia have firmed up a joint collaboration to produce a twin-engine narrow-body passenger aircraft for short-haul flights in line with growing strategic ties between the two countries. State-run aerospace major Hindustan Aeronautics Ltd (HAL) reached an agreement with Russia's Public Joint...

Amazon

Amazon to cut 14,000 corporate jobs as AI spending accelerates

Seattle: Amazon will cut approximately 14,000 corporate jobs as the online retail giant increases its spending on artificial intelligence. “The reductions we're sharing today are a continuation of this work to get even stronger by further reducing bureaucracy, removing layers, and shifting resources to ensure...

 

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