Microsoft cuts 4,800 jobs in major Xbox and sales restructure
Microsoft is laying off nearly 5,000 employees across its Xbox division and commercial sales teams, marking one of the largest recent cuts in the gaming industry. The company is also spinning off four studios, including Ninja Theory, the developer behind Hellblade: Senua's Sacrifice. The restructuring reflects Microsoft's ongoing efforts to streamline operations and focus on high-growth areas. Xbox confirmed plans to cut 3,200 workers over the next year as part of this broader reorganization.
The gaming PC market is seeing extreme price polarization, with a $5,300 handheld gaming PC drawing criticism for normalizing exorbitant pricing. Meanwhile, a limited-time deal offers $1,050 off an RTX 5090 gaming PC, bringing it to just 16% above the GPU's standalone price. On the budget end, an RTX 3060 with 12GB of VRAM is available for $329.99 at Newegg. These contrasting price points highlight the widening gap in the PC gaming hardware market.
Bentley has teased the Torcal, its first fully electric vehicle, entering the luxury EV market at a turbulent time. The reveal comes amid declining demand and pricing challenges in the luxury EV segment, raising questions about market timing. The Torcal represents Bentley's pivot toward electrification under the Volkswagen Group's broader EV strategy. Details on range, pricing, and production timeline remain sparse.
Huawei's latest Kirin processor is the first to feature LogicFolding technology, according to the company. A Chinese AI chip startup is betting on 3D chip stacking to circumvent US export restrictions. Separately, Huawei is entering the South Korean AI chip market with new Atlas SuperPods that pack 8,192 Ascend 950 accelerators per deployment. These developments signal China's accelerating efforts to build a self-sufficient semiconductor ecosystem despite tightening international controls.
China is tackling one of robotics' hardest challenges — dexterous robotic hands — aiming to bridge the gap between industrial automation and human-like manipulation. Morgan Stanley reports that China's lower technology costs are poised to accelerate the global robotaxi market. The country has also emerged as one of the fastest-growing markets for embodied AI, combining physical robotics with advanced artificial intelligence. These developments underscore China's ambitions to lead in next-generation automation.