AMD Says It's Laying Off 4 Percent Of Workforce Amid AI Chip Push

AMD Says It's Laying Off 4 Percent Of Workforce Amid AI Chip Push

Hello, and welcome back. In this edition, we take a look at AMD's plans to reduce its global workforce by 4 percent, the companies recognized on CRN's 2024 Stellar Startups list, the top eight cloud platform service providers in Gartner's new Magic Quadrant for Strategic Cloud Platform Services and more.


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AMD Says It's Laying Off 4 Percent Of Workforce Amid AI Chip Push

A black rectangular sign above and that wraps around a booth at a corporate event says "AMD" in white, all-caps text. This is the same image as the featured image in this edition of CRN Weekly.

AMD said this week that it's laying off roughly 4 percent of its global workforce to focus on its "largest growth opportunities," which include its effort to challenge Nvidia's AI chip dominance.

Here's what you need to know about the layoffs .


Breaking The Boundaries Of Innovation: Stellar Startups You Need To Know In 2024

CRN's 2024 Stellar Startups badge, which says, "CRN Stellar Startups 2024," is set against a black background covered by circular spinning rays of light in purple, blue and magenta, and sprinkles of bursts of light that are red, pink, yellow and cerulean.

In our annual Stellar Startups special report, we recognize some of the most exciting channel-focused startup vendors with leading-edge technologies that are creating new opportunities for solution providers.

The startups selected for the 2024 edition include AI , big data , business applications , cloud , data center , internet of things/edge computing , networking and unified communications and collaboration (UCC) , security and storage companies. You can learn about them all here .


Banner ad for the 2024 Ingram Micro special issue of CRN Magazine, featuring Ingram Micro partner executives on the cover. Ad text says, "Read the latest issue of CRN Magazine!" A red button with white text says, "Read here."

Top 8 Cloud Platform Services Ranked: Azure, AWS, Google Lead Gartner Magic Quadrant

Transparent blue and purple cloud shapes that appear to be made out of glass, meant to represent cloud computing.

In its new Magic Quadrant for Strategic Cloud Platform Services, Gartner has assessed the eight top cloud platform service providers—accounting for 97 percent of the global cloud services market—which include Amazon Web Services, Google Cloud, Microsoft Azure, Oracle, Alibaba Cloud, IBM, Huawei and Tencent.

Here's a look at Gartner's take on each of the vendors , including their strengths and weaknesses.


More From CRN.com

Check out some of CRN's other best-read stories on channel-related news, insights and analysis over the past week:


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