Tag: Geopolitical Risks

McKinsey and Google Cloud Launch Transformation Group for Enterprise AI

McKinsey and Google Cloud have announced the launch of the McKinsey Google Transformation Group, expanding their long-running partnership to help enterprises scale AI across industries and business functions. The new group brings together McKinsey’s strategy, industry expertise, and delivery capabilities with Google Cloud’s AI stack, including compute accelerators, Gemini models, and Gemini Enterprise. The collaboration is being positioned as a more structured approach to enterprise...

ASML to Cut Around 1,700 Jobs in AI‑Driven Reorganisation

ASML, the Dutch semiconductor‑equipment giant that holds a near‑monopoly on advanced lithography tools used to manufacture cutting‑edge chips, is planning to cut roughly 1,700 jobs, or about 4 per cent of its 44,000‑person workforce. The move was announced in January alongside the company’s record full‑year revenue of €32.7 billion and signals a major internal reorganisation aimed at streamlining operations even as demand for advanced...
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