WS #11524
Microsoft is eliminating 1,600 Xbox jobs and spinning off four game studios as part of a strategic pivot to AI, reflecting cost-cutting and reallocation of resources. TeraWulf surged after announcing a 20-year, 401MW compute agreement with Anthropic expected to generate $19 billion in revenue, validating AI infrastructure demand.
Microsoft cuts Xbox jobs, spins off studios
Microsoft is eliminating 1,600 Xbox jobs and spinning off four game studios as part of a strategic pivot to AI, reflecting cost-cutting and reallocation of resources.
TeraWulf surged after announcing a 20-year, 401MW compute agreement with Anthropic expected to generate $19 billion in revenue, validating AI infrastructure demand.