Cost of AI compute far beyond cost of employees: NVIDIA exec amid tech layoffs

Bryan Catanzaro, VP of applied deep learning at NVIDIA, said the "cost of compute is far beyond the costs of the employees" for his team. His remark comes as major tech companies ramp up AI investments alongside widespread layoffs. According to data from Layoffs.fyi, over 92,000 tech employees have been laid off in 2026 so far across nearly 100 companies.