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The Nexus
BUSINESSJul 24 · 20:00 UTCFINANCIAL TIMES WORLD

US tech groups cut 140,000 jobs despite AI spending boom

US tech groups have cut 140,000 jobs despite an AI spending boom. An investment spree is reshaping Silicon Valley, while the broader US jobs market remains stable.

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US tech groups cut 140,000 jobs despite AI spending boom · The Nexus