From Microsoft to Amazon, here's a look at tech and retail companies that have recently made layoffs

UAE backs Sam Altman's vision, aims to lead the world on AI regulation; IBM report reveals 59% of Indian enterprises actively using AI; Microsoft pledges $3.44 billion investment in Germany, focusing on AI boost; Google unveils internal AI 'Goose' to accelerate employee coding efficiency- this and more in our daily roundup. Let us take a look.

OpenAI's Sam Altman said the United Arab Emirates could serve as the world's “regulatory sandbox” to test artificial intelligence technologies and later spearhead global rules limiting their use.

Layoffs have been reported at Toys for Bob, the developer behind Crash Bandicoot 4: It's About Time and the Spyro: Reignited Trilogy. They form part of the ongoing consolidation efforts necessitated by parent company Activision's acquisition by Microsoft, resulting in 1900 roles being made redundant. Some 86 workers have been let go, and the studio's office shuttered. Contrary to some earlier confusion, that's the physical address; Toys for Bob will remain active, and most remaining employees will now work remotely.

Today, the Chinese raiding guild Skyline (天涯) is officially retiring, citing financial burden and general exhaustion over seven years of competitive raiding. Widely regarded as the most accomplished group of eastern raiders, Skyline finished top 10 in every single Race to World First since the launch of Battle for Azeroth, including the #8 spot in Amirdrassil, despite stalling for nearly a thousand pulls against Tindral Sageswift.

Activision Blizzard's Crash Bandicoot and Spyro studio Toys for Bob lose 86 employees as a result of layoffs.

From Software owner Kadokawa has purchased Japanese development studio Acquire for an undisclosed sum.

Microsoft Corp.'s plans to cut 1,900 jobs from its video game division contradict statements the company made to a US  court that it would operate the newly acquired Activision Blizzard Inc. independently, the US Federal Trade Commission said Wednesday.

Roguelike action game Ancient Weapon Holly will launch for PlayStation 5, Switch, and PC via Steam on March 8, followed by PlayStation 4 at a later date, publisher and developer ACQUIRE, and publisher Aniplex announced. It will cost 1,980 yen in Japan. It will support English, Japanese, Traditional Chinese, Simplified Chinese, French, Italian, German, Spanish, Brazilian Portuguese, and Polish language options. A demo is currently available for PC.

Microsoft Teams outage: Microsoft's Teams app services were down for thousands of users on Friday, according to outage tracking website Downdetector.com. There were more than 13,000 incidents of people reporting issues with the messaging platform, according to Downdetector, which tracks outages by collating status reports from a number of sources including user-submitted errors on its platform.

NVIDIA has been declared the "undisputed leader" of AI, as the company's global AI chip market share is estimated to have reached up to 90%, setting a new record.

Global electricity demand from data centers, cryptocurrencies and artificial intelligence could more than double over the next three years, adding the equivalent of Germany's entire power needs, the International Energy Agency forecasts in its latest report.

Earth Defense Force 6 will launch for PlayStation 5 and PlayStation 4 on March 14 in Asia with English, Korean, and Chinese audio, and English, Korean, Traditional Chinese, and Simplified Chinese text support, publisher Clouded Leopard Entertainment announced.