Subscribe to Updates
Get the latest finance and business news and updates directly to your inbox.
Trending
AIdriven
Cisco is cutting “fewer than 4,000 jobs” as the networking giant restructures its business to focus more heavily on artificial intelligence, according to a memo from CEO Chuck Robbins published Wednesday. Loading audio narration… The layoffs, which affect less than 5% of Cisco’s workforce, come as the company reported stronger-than-expected…
Elon Musk says an AI-driven future will mean government handouts and citizens not needing to save for retirement, so we asked his longtime friend and fellow techno-optimist, Peter Diamandis, to break down the argument behind those claims. Loading audio narration… “Don’t worry about squirreling money away for retirement in 10…
A company announcing layoffs cited AI. How original. Loading audio narration… Snap is cutting 16% of its workforce, with CEO Evan Spiegel referencing “rapid advancements” in AI.It joins the ranks of Block, Atlassian, and a handful of others that have cited the tech as one of the driving reasons behind…








