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Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in Luxembourg, the country's biggest layoffs in 20 years (Benoit Berthelot/Bloomberg)

Benoit Berthelot / Bloomberg : Sources and a memo: Amazon plans to cut 370 jobs, or ~8.5% of its 4,370 employees, at its European HQ in L...

30 September 2025

Source: Meta is acquiring AI chip startup Rivos, as it seeks to reduce reliance on Nvidia; Rivos was reportedly seeking new funding at a $2B valuation in August (Bloomberg)

Bloomberg:
Source: Meta is acquiring AI chip startup Rivos, as it seeks to reduce reliance on Nvidia; Rivos was reportedly seeking new funding at a $2B valuation in August  —  Meta Platforms Inc. is acquiring chips startup Rivos Inc., according to a person familiar with the deal, part of an effort …

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