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WHTop → 📋 News → Intel to Cut 20% of Jobs Amid Restructuring, AI Market Challenges
Intel to Cut 20% of Jobs Amid Restructuring, AI Market Challenges
📅 - Intel is reportedly preparing to cut up to 20% of its workforce, according to a Bloomberg report citing an unnamed source familiar with the companys internal plans. The potential layoffs, which could affect at least 20,000 employees across the United States, would mark one of the most substantial rounds of job reductions in the companys history.
This move follows a previous wave of layoffs last year and comes shortly after the appointment of Lip-Bu Tan as Intels new CEO. Mr. Tan, former CEO of Cadence Design Systems, took over the top role in March and has since begun restructuring the companys leadership and operations. His early actions have included selling Intels majority stake in its [...][... Check source for end of article ...]
📅 - Stonepeak Invests $1.5B in Montera for Hyperscale Data Centers - Stonepeak, a global investment firm known for its focus on real assets and infrastructure, has launched Montera Infrastructure, a new hyperscale data center platform backed by a $1.5 billion capital commitment. The initiative is aimed at addressing surging demand from cloud computing and AI applications in North America.
Montera Infrastructure will focus on delivering build-to-suit, turnkey data centers tailored for hyperscale clients, strategically targeting Tier I and Tier II metropolitan areas that offer clear pathways to near-term power availability.
Montera plans to develop and operate facilities exceeding 100 megawatts in capacity. The companys founding leadership team brings deep [...]
📅 - Microsoft, Western Digital Recycle Drives to Recover Rare Earth Metals - Microsoft and Western Digital are collaborating on a recycling initiative focused on recovering rare earth elements (REEs) from end-of-life hard disk drives (HDDs) used in data centers. The project, which also involves Critical Materials Recycling (CMR) and PedalPoint Recycling, aims to reduce waste while feeding critical materials back into the U.S. supply chain amid growing geopolitical tension around mineral sourcing.
The recycling program targets praseodymium, neodymium, and dysprosium - rare earth elements vital for the magnetic components in HDDs and essential in high-performance computing, electric vehicles, and wind energy technologies. The timing is significant as rare earth [...]
📅 - Exowatt Raises $70M to Power Data Centers in U.S. Energy Push - Amid rising concerns over the soaring energy consumption of data centers and AI infrastructure, renewable energy startup Exowatt has emerged as a key player with a bold solution: modular solar power systems. The company has just closed a $70 million Series A funding round, bringing its total capital raised to $90 million.
Exowatt is backed by a16z, Atomic, Felicis, and Sam Altman and is headquartered in Miami, Florida. At the core of this funding push is the Exowatt P3, a dispatchable solar energy system designed specifically for the high energy demands of data centers and industrial clients.
Launched just months ago at the RE+ conference, the P3 stores solar energy as heat in a [...]
📅 - EvoSwitch Returns with 61M Data Center Campus in Amsterdam Area - A major data center development is underway in Almere, Netherlands, part of the greater Amsterdam metropolitan region, with a projected investment exceeding 61 million. The project is being led by Dutch infrastructure company Ocom, parent of international hosting provider Leaseweb. Plans include two large-scale data centers, a private water treatment facility, a training center, and 28 diesel generators to ensure emergency power supply.
The total site area will span approximately four football fields. Construction of the first data center building is scheduled for completion in 2026, with a second facility planned for 2028. The broader campus, named Dutch Cloud Campus B.V. and currently [...]
📅 - UAE Expands AI Infrastructure with New Khazna Data Centers - Khazna Data Centers has commenced construction on two new data centers in the United Arab Emirates, expanding its digital infrastructure footprint to support the growing demand for AI and cloud services. The upcoming AUH4 facility in Mafraq and AUH8 in Masdar City, both located in Abu Dhabi, are part of Khaznas strategic push to enable the UAEs transformation into a hub for next-generation digital and artificial intelligence capabilities.
These facilities will complement QAJ1, Khaznas ongoing development in Ajman, which is poised to become the regions first AI-optimized data center. All three sites are designed to LEED Gold standards and will integrate advanced infrastructure to support [...]
📅 - Cyberattacks via Third Parties Surge, Verizon 2025 Report Finds - Cyberattacks have significantly increased, according to Verizon Business's 2025 Data Breach Investigations Report (DBIR). According to the report, third-party involvement in breaches has doubled to 30%, and vulnerability exploitation has increased by 34%, posing a worrying threat to businesses throughout the world.
According to the survey, which examined more than 22,000 security incidents, including 12,195 verified data breaches, the most common initial attack routes are still credential misuse (22%) and vulnerability exploitation (20%). This would underscore the urgent need for improved security measures.
"The DBIR's findings highlight the significance of a multi-layered defense [...]
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