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AI News from ET - ET Graphics: Hiring slows as money flows to build AI infra

Vishwadeep Khatri
in AI News & Two Lenses

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Tech companies are reallocating billions towards data centers and compute power, prioritizing AI infrastructure over personnel. This strategic shift is already leading to job cuts and a slowdown in hiring, with analysts predicting a similar trend across Indian IT services and SaaS firms as AI investments take precedence.

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