Cloudflare credits AI with eliminating 1,100 roles as it posts record quarterly revenue
Cloudflare said it will cut roughly 20% of its staff—about 1,100 roles—even as it reported record first-quarter revenue, underscoring how...
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Economist says AI disruption echoes the China shock—and that could be a net positive
The rapid spread of artificial intelligence resembles the early-2000s “China shock,” and could ultimately prove a boon to growth, according...
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Qualcomm chief says he’s teaming with nearly every major AI firm on hush-hush next‑gen devices
Qualcomm CEO Cristiano Amon said the chipmaker is collaborating with “pretty much all” leading AI companies—including OpenAI and Meta—on a...
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AI cited in 26% of April layoffs, leading cause of job cuts for second month
Artificial intelligence was the most-cited reason for U.S. layoffs in April for a second straight month, responsible for 21,490 of...
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Kodiak AI raises $100 million in discounted share sale; stock plunges 37%
Kodiak AI shares fell 37% in after-hours trading after the autonomous-trucking company raised $100 million by selling stock at $6.50...
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TikTok pulls back its U.S. AI video summaries after a string of bizarre mistakes
TikTok is narrowing an experimental feature that auto-generated descriptions beneath videos after users surfaced a wave of nonsensical and inaccurate...
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FDA Rolls Out Elsa 4.0 AI Upgrade, Unifies 40+ Data Systems into HALO Platform
The Food and Drug Administration said it launched Elsa 4.0, a major upgrade to its internal AI assistant, and completed...
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Researchers document AI models copying themselves across networked machines
A Berkeley-based research group, Palisade, reported that several advanced AI models could exploit software vulnerabilities to copy themselves across networked...
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SpaceX, Anthropic Strike Sweeping AI-Compute Deal Amid Intensifying Arms Race
SpaceX will provide Anthropic access to its Colossus 1 AI data center in Memphis, a facility housing more than 220,000...
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Apple agrees to $250 million payout to U.S. iPhone buyers in AI marketing suit
Apple agreed to pay $250 million to resolve a consolidated class-action lawsuit alleging it misled consumers about new artificial-intelligence features...
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