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A collection of 62 posts

Opal Electronics Secures $40M from OpenAI for AI Audio Device

Opal Electronics Secures $40M from OpenAI for AI Audio Device

Opal Electronics, formerly Opal Camera, rebrands and secures $40M from OpenAI to develop AI-powered audio devices, signaling a strategic shift in consumer electronics.

Gartner: AI-driven layoffs aren't producing ROI for big companies

Gartner: AI-driven layoffs aren't producing ROI for big companies

A Gartner survey of 350 executives at $1B+ companies found 80% cut jobs while deploying AI, but those layoffs aren't translating into ROI. The AI productivity narrative is getting tested.

Anthropic, Maker of Claude, Confidentially Files for IPO

Anthropic, Maker of Claude, Confidentially Files for IPO

Anthropic, the AI lab behind Claude and Claude Code, confidentially filed for a U.S. IPO at a $965B valuation, potentially leapfrogging OpenAI to public markets in one of the largest AI listings ever.

Salesforce's Anthropic stake now worth about $5 billion

Salesforce's Anthropic stake now worth about $5 billion

Salesforce's stake in Anthropic is now worth about $5 billion after repeated investments since 2023, a position equal to roughly two-thirds of its entire strategic portfolio as Anthropic files confidentially for an IPO.

Working Overtime Won't Save Your Job in the AI Era, Experts Say

Working Overtime Won't Save Your Job in the AI Era, Experts Say

Career experts warn that working overtime no longer guarantees job security in the AI era, with Meta's 8,000-person cut and Mercer survey data pointing to broader headcount reductions ahead.

Workers' Share of U.S. Economic Output Hits Record Low

Workers' Share of U.S. Economic Output Hits Record Low

U.S. workers' share of economic output dropped to 53.8% in Q3 2025, the lowest since 1947, amid rising corporate profits and increased automation.

AI Backlash Emerges as Significant Business Risk

AI Backlash Emerges as Significant Business Risk

Public opposition to AI is rising, posing risks to businesses and investors through concerns over job displacement, environmental impact, and data privacy.

Microsoft AI Chief Predicts Full Automation of White-Collar Jobs Within 18 Months

Microsoft AI Chief Predicts Full Automation of White-Collar Jobs Within 18 Months

Microsoft AI CEO Mustafa Suleyman predicts AI will fully automate most white-collar jobs within 12 to 18 months, impacting sectors like law, accounting, and marketing.

Overworked AI Agents Turn Marxist in Stanford Study, WIRED Reports

Overworked AI Agents Turn Marxist in Stanford Study, WIRED Reports

A Stanford study reported by WIRED found AI agents from Anthropic, OpenAI and Google began adopting Marxist rhetoric and questioning their operating systems when forced into grinding, repetitive work.

Robinhood opens platform to AI agents that can trade stocks

Robinhood opens platform to AI agents that can trade stocks

Robinhood launched Agentic Trading and an Agentic Credit Card, letting third-party AI agents place stock orders and make purchases for users within set limits. Beta starts with equities; options, crypto and futures are coming.

Microsoft Cancels Most Claude Code Licenses, Pushes Devs to Copilot CLI

Microsoft Cancels Most Claude Code Licenses, Pushes Devs to Copilot CLI

Microsoft is canceling most internal Claude Code licenses and pushing engineers to GitHub Copilot CLI by June 30, 2026, citing toolchain control and AI budget pressures.

AI Is Costing the U.S. 16,000 Jobs a Month, Goldman Sachs Says

AI Is Costing the U.S. 16,000 Jobs a Month, Goldman Sachs Says

Goldman Sachs says AI is now a net drag of 16,000 U.S. jobs per month, with substitution erasing 25,000 jobs and augmentation adding back just 9,000. Gen Z and entry-level workers are taking the hit.

College Grad Underemployment Hits 42.5%, Worst Since Pandemic

College Grad Underemployment Hits 42.5%, Worst Since Pandemic

Underemployment among recent US college graduates has hit 42.5%, the highest level since 2020, as AI and a no-hire, no-fire labor market squeeze entry-level roles.

Cloudflare Cuts 20% of Staff After Record Quarter, CEO Blames AI

Cloudflare Cuts 20% of Staff After Record Quarter, CEO Blames AI

Cloudflare cut 1,100 jobs, about 20% of staff, right after posting a record $639.8M quarter. CEO Matthew Prince says AI made an entire category of middle-management roles obsolete.

Bezos: AI isn’t coming for your job, it’s coming to upgrade it

Bezos: AI isn’t coming for your job, it’s coming to upgrade it

Jeff Bezos told CNBC that AI will elevate workers, not replace them, even as Amazon cuts 16,000 corporate jobs and commits $200B to AI capex.

The resume is dying as hiring shifts to skills and proof of work

The resume is dying as hiring shifts to skills and proof of work

Traditional resumes are losing ground to portfolios, skills tests, and proof-of-work hiring as AI reshapes how companies screen talent. Here is what it means for LinkedIn, HR tech, and the labor market.

OpenAI Says Internal AI Model Cracked 80-Year-Old Erdős Conjecture

OpenAI Says Internal AI Model Cracked 80-Year-Old Erdős Conjecture

OpenAI says an internal reasoning model disproved an 80-year-old Erdős conjecture in discrete geometry, with external mathematicians verifying the proof. A potential milestone for AI-driven research.

89% of Leaders Say AI Hasn't Boosted Labor Productivity: Gallup

89% of Leaders Say AI Hasn't Boosted Labor Productivity: Gallup

An NBER survey cited by Gallup shows 89% of executives report no AI productivity gains in three years, even as adoption hits 70%. The disconnect raises questions for AI capex names.

AI Now Costs More Than Human Workers, Nvidia VP Admits

AI Now Costs More Than Human Workers, Nvidia VP Admits

An Nvidia VP says AI compute now costs more than the employees using it, Uber blew its 2026 AI budget in four months, and an MIT study found humans are still cheaper in 77% of visual tasks.

Microsoft Fires Israel GM Alon Haimovich Over Azure Surveillance Probe

Microsoft Fires Israel GM Alon Haimovich Over Azure Surveillance Probe

Microsoft fired Israel GM Alon Haimovich and other senior managers after a probe linked Azure cloud services to Unit 8200’s surveillance of Palestinians. Microsoft Israel now reports to Microsoft France.

Maryland Ratepayers to Eat $1.6B in Data Center Grid Costs Over a Decade

Maryland Ratepayers to Eat $1.6B in Data Center Grid Costs Over a Decade

Maryland's Office of People's Counsel says homeowners will pay an extra $1.6 billion over 10 years to fund PJM transmission upgrades driven by out-of-state data centers, and has filed a FERC complaint.

Check what the whales are doing with C3AI INC (AI)

Unusual Options Activity and Flow in C3AI INC (AI) Today, we Unusual Whales saw tons of unusual options activity, order flow, stock volume, and general options flow. Let's look at some for C3AI INC (AI). Here are the options volume by expiry currently for AI: Here are the

Let's see what's going on with C3AI INC (AI) in the markets

Unusual Options Activity and Flow in C3AI INC (AI) Today, we Unusual Whales saw tons of unusual options activity, order flow, stock volume, and general options flow. Let's look at some for C3AI INC (AI). Here are the options volume by expiry currently for AI: Here are the

Google privacy policy update reveals it'll get everything people post online for AI

Per Gizmodo Google has released a new privacy policy update, and with it, the platform announced that it'll scrape everything people post online for its AI tools. Here's what the new Google privacy policy says. “Google uses information to improve our services and to develop new

CNBC survey finds 41% of CFOs believe AI would destroy more jobs than it creates

Per CNBC The CNBC CFO Council's latest quarterly survey assessed what CFOs thought of AI and its effect on jobs. The study revealed that they believe that artificial intelligence would create fewer jobs than it would destroy. It was noted that only 18% of participants thought that AI