The most valuable workers in technology cannot be kept, whatever the price. That is the uncomfortable admission running through the AI industry this week, as elite researchers keep hopping between labs that have offered them almost everything money can…
Most AI companies want to sell software to call centres. Yellow.ai wants to buy the call centres. The enterprise-AI firm has agreed to go public through a merger with a blank-cheque company. It plans to spend much of the money acquiring the outsourcing…
Artificial intelligence has rapidly become one of the defining business conversations of the decade. Yet despite growing investment and widespread discussion, many organizations continue to approach AI with hesitation. Research found that while organiz…
The software maker cut thousands of jobs in the name of AI. Now it is handing the engineers who remain capped ‘AI wallets,’ a sign the industry’s token spending has become a line item to manage. Atlassian has started giving its engineers a fixed monthl…
On Tuesday, Lilian Weng said she was stepping down from Thinking Machines Lab because the job was making her ill. On Wednesday, she was back at OpenAI. Weng co-founded Thinking Machines Lab with Mira Murati, OpenAI’s former chief technology officer. Sh…
BMW had two messages for staff this week. It is cutting about 8,000 jobs. And it is handing the brains of its future cars to Qualcomm for the next decade. The German carmaker will shed the roles in Germany by the end of 2027 through a voluntary redunda…
Recruiters used to open a resume to look for a reason to say yes. Now they open it to look for a reason to doubt it. Nearly two-thirds of job candidates use AI in their applications, while 87% of US hiring managers admit to using AI in their hiring pro…
The world’s biggest consultancies are selling companies expensive advice on how to adopt AI without getting burned. Their own reports keep getting burned. PwC is the latest to be caught. Four of its Middle East “thought leadership” reports were a mess,…
BuzzFeed bet on AI to rescue itself. This week it laid off another third of its staff. The bet, it turns out, was never the thing that could save it. The company cut about 180 jobs on Monday, roughly a third of its remaining workforce, the New York Tim…
Visa is cutting about 2,600 jobs, roughly 7% of its staff, and it is cutting them mostly from the teams that build its technology. The money it saves is going into the payment methods that could one day make those rails matter less. The payments networ…