Techs
Nobody likes seeing headlines about Big Tech layoffs, but some smaller companies are taking advantage of access to a fresh pool of top-tier talent. Loading audio narration… Paul Jaeschke, chief product officer at PitchBook, told Business Insider that the private-market data platform was “definitely a beneficiary” of recent cuts across…
Big Tech’s AI spending is surging, though not necessarily because companies are building significantly more capacity. Loading audio narration… This week, industry executives pointed to the same underlying issue: sharply rising component costs, especially for memory chips, are inflating capital expenditures spent on data centers and other equipment.”We are increasing…
In early 2023, when Elon Musk began attacking OpenAI in public, Sam Altman sent him a text. Loading audio narration… He was upset.”i am tremendously thankful for everything you’ve done to help—i dont think openai would have happened without you—and it really fucking hurts when you publicly attack openai,” Altman…
Exactly how “big” is Big Tech’s workforce these days? Loading audio narration… The past several years brought a pandemic-era hiring surge followed by a swift pullback, waves of layoffs, and massive AI investments. Together, these shifts have reshaped the labor force at some of the largest US tech companies. Between…
For the last two decades, investors favored “bits” businesses — software, apps, and online platforms. The logic was simple: software scales cheaply, distributes instantly, and can generate huge margins once built. By contrast, “atoms” businesses, involving physical assets like factories, logistics, or energy, were seen as slower, capital-intensive and less…
