AI is transforming industries, but the data centers powering it require more energy and water than ever.

At the break, join Christoph Beck, chairman and CEO of EcoLab, for insights on using water effectively

while safeguarding this critical resource for future generations.

Here's your morning, D&B Tech Minute for Wednesday, January 28th. I'm Julie Chang for the Wall Street Journal.

Amazon said it would cut around 16,000 corporate employees, the latest step in the Tech Giant's

efforts to slim down its workforce. It comes after the first round of cuts in October that laid off

about 14,000 white-collar employees. At the time, people familiar with Amazon's

plans that the company was targeting around 30,000 job cuts, or around 10% of the corporate

workforce. The company's senior vice president of People Experience and Technology announced

the cuts in a blog post today, saying the layoffs are part of Amazon strategy to streamline operations

and reduce bureaucracy. ASML holding, the maker of the world's most advanced chipmaking equipment,

logged record quarterly orders. It's a sign that's fending to produce semiconductors behind the

AI boom remain strong. ASML booked orders of about $15.85 billion in the fourth quarter, well above analysts'

forecasts.

Some of the Dutch company's clients include TSM, Samsung Electronics, and Intel.

Despite record orders and growing sales, ASML said today that it's planning to slash about

1,700 jobs in its tech and

IT operations. And we exclusively report that SoftBank Group is in talks to invest up to $30 billion

more in OpenAI. That's according to people familiar with the matter. SoftBank already has an 11%

stake in OpenAI. The chat GPT maker is seeking to raise

up to $100 billion in new capital, which could value the company at as much as $830 billion.

The deal talks are ongoing and terms could still change. That's your TNB Tech Minute. Join us again

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