Microsoft doubles down on quantum computing and other science projects in latest reorg

2024-06-03 21:35:02+00:00 - Scroll down for original article

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Microsoft on Monday cut hundreds Azure jobs to focus on AI investments, Business Insider reported. An internal memo said a focus to "define the AI wave" was behind the changes. The company is also increasing investments in quantum computing and other science projects. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Quantum computing is a gnarly technical challenge that tech giants have been hacking away at for more than a decade. Microsoft isn't giving up, according to an internal memo detailing cuts in other parts of the company's operations. Business Insider broke the news on Monday that Microsoft is cutting hundreds of jobs from its Azure cloud business. Executive Jason Zander blamed the cuts on Microsoft's need to purse AI investments, according to an internal memo obtained by BI. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .