The speed of change is shocking, and the biggest risk is to take no risks.
-Mark Savant
What's Ahead
Amazon AWS cuts hundreds despite $11.5 B profit
AWS eliminated “at least hundreds” of specialist and support roles, even as Q2 revenue rose 17% to $29.3 B and operating income grew 23%, signaling AI-driven efficiency is replacing human roles.
TSMC profits skyrocket 60% to $13.5 B on AI chip demand
Taiwan Semiconductor posted a 60.7% YoY gain in Q2 net profit (T$398.3 B) and raised its annual revenue outlook to ~30%, thanks to surging demand for AI chips, though U.S. tariffs could dampen future results .
Microsoft slashes ~15 K jobs while saving $500 M via AI
Microsoft has cut around 15,000 roles in 2025, even as internal AI systems, especially in coding and support, saved roughly $500 M, showing cost savings come with workforce disruptions .
Citi & Ant’s AI FX tool cuts airline hedging bills by 30%
A collaborative AI-powered foreign exchange hedging system helped an Asian airline slash its currency hedging costs by 30%, underscoring real-world financial benefits of AI adoption in risk management .
Wall Street futures surge on AI chip optimism
U.S. stock futures for Nasdaq and S&P 500 jumped after TSMC’s robust AI-led earnings, fueling confidence across chip-dependent firms like Nvidia and AMD and boosting tech market sentiment .
Global AI job cuts exceed 64 000 even as new roles emerge
Over 64,000 tech jobs have been lost in 2025 due to AI disruptions, with Intel, Meta, Microsoft, and others leading cuts; yet growth continues in fintech, big data, and AI fields, highlighting a transformative but opportunity-rich shift.
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