playbook
What’s the new normal for a company whose CEO is all in on AI and cutting jobs as a result? Look no further than DeepL’s layoffs memo. Loading audio narration… The German AI translation startup recently cut about 250 employees, over 21% of staff. In his message posted on LinkedIn,…
This as-told-to essay is based on a conversation with Charles Yang, the founder and CEO of Vibe, a US-based AI workspace startup. The conversation has been edited for length and clarity. Loading audio narration… I started my first company with my friend after finishing my third year at Zhejiang University.I…
Different company, similar strategy. Loading audio narration… Recent layoff announcements from tech firms Atlassian, Block, and now Snap signal that the tech industry is converging on an approach to shaking up business: Move early, cut deeply, and proceed with fewer people and more AI.The companies tend to cast the reductions…
The US and its allies in the Middle East are now facing a drone threat similar to what Ukraine has been fighting, but geography limits how closely they can replicate Ukraine’s defenses. Loading audio narration… Amid the war with the US and Israel, Iran has launched Shahed drones and missiles…
Saul Van Beurden is the man helping Wells Fargo confront a question hanging over banks of every size: What happens to jobs in the age of AI?He and his central team can’t, and shouldn’t, figure out what an AI-ready Wells Fargo looks like alone. The bank must teach employees skills…
When Amazon announced a $50 billion investment and sweeping cloud partnership with OpenAI recently, a question surfaced inside the cloud giant: What does this mean for Anthropic? Loading audio narration… Amazon is one of Anthropic’s biggest investors, and has a deep cloud partnership with the startup. OpenAI and Anthropic are…
