Amazon CEO Andy Jassy says company will cut jobs amid AI boom. It’s already happening at Microsoft.
Amazon (AMZN) CEO Andy Jassy said the company will reduce its workforce in the coming years, and Microsoft (MSFT) is...
Technology & Startups
How AI can help HR price competitive employee compensation packages
AI-powered tools can help HR professionals research compensation for various roles.Jelena Danilovic/Getty Images Companies are using AI in human resources...
Sixth Street-backed Caris Life valued at $7.66 billion in strong Nasdaq debut
By Pritam Biswas and Niket Nishant (Reuters) -Caris Life Sciences' shares jumped nearly 29% in their Nasdaq debut on Wednesday,...
The Trump phone probably won’t be built in America (and may never be)
President Trump’s family is launching a smartphone it’s calling the T1 Phone alongside its own mobile service dubbed Trump Mobile....
US crude inventories fall by most in a year, fuel stocks build, EIA says
By Liz Hampton and Arathy Somasekhar DENVER (Reuters) -U.S. crude oil stockpiles fell sharply last week, posting their largest decline...
Meta’s $100 million signing bonuses for OpenAI staff are just the latest sign of extreme AI talent war
Big Tech is shelling out jaw-dropping compensation amid a fierce AI talent war. Meta is even offering $100m signing bonuses...
Oil ebbs again as Fed meets
By Mike Dolan LONDON (Reuters) -What matters in U.S. and global markets today I'm excited to announce that I'm now...
TCV cofounder Jay Hoag slams VCs’ AI herd mentality: ‘like 7-year-olds playing soccer’
Venture capitalist Jay Hoag criticized what he sees as a blind rush toward AI by VCs, likening the behavior to...
Energy majors lock onto Southeast Asia in race for more gas for AI power demand
By Ashley Tang, Sudarshan Varadhan and Florence Tan KUALA LUMPUR (Reuters) -Energy majors are pouring money into gas exploration and...
After Shopify bought his last startup, Birk Jernström wants to help developers build one-person unicorns
Image Credits:Emil Widlund / Polar Sam Altman and “his tech CEO friends” have a betting pool on the year we...
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