Tech titans including Google parent Alphabet, Microsoft, Meta (META) IBM (IBM) and Amazon (AMZN) have announced thousands of job cuts in recent months, as the sector attempts to meet a changing macro environment. While layoffs continue, however, companies such as Alphabet Inc. (GOOGL) (GOOG) and Microsoft Corp. (MSFT) are also increasing their efforts around AI, reflecting a broader trend in tech. Microsoft, for its part, is making a multiyear, multibillion-dollar investment in OpenAI, maker of the ChatGPT tool.