Amazon confirmed another 16,000 corporate layoffs this week, bringing its total cuts to 30,000 in just four months. CEO Andy Jassy insists AI isn’t the driver, but he previously said AI would lead to a smaller corporate workforce. The company is still investing billions in AI and cloud infrastructur
According to VentureBeat, the open-source AI agent Clawdbot, which hit 60,000 GitHub stars, has fundamental security flaws that were weaponized within days. Infostealers like RedLine and Lumma added it to their target lists before most security teams even knew it was running, with one VC firm report
Two tech firms are proposing a new technical standard to solve AI’s copyright dilemma. They want to embed licensing and payments directly into the AI training process itself.
Tony Fadell, the ex-Apple exec behind the iPod, gave a blunt interview on what he’d do as CEO. He calls current AI marketing “bullshit,” says Apple got the car wrong, and thinks a smart pin or ring is the real opportunity. He hasn’t been at Apple since 2008.
Microsoft posted a massive $81.27 billion in revenue for its fiscal Q2, with net income soaring to $38.46 billion. However, Azure growth dipped slightly and heavy AI investments are starting to pressure profitability.
Zoom’s quiet $51 million investment in AI firm Anthropic is looking like a potential windfall. Analysts now suggest the stake could be worth up to $4 billion, sparking a major rally in Zoom’s stock.
Nvidia’s powerful H200 AI chip is in a regulatory holding pattern in China. CEO Jensen Huang is publicly hoping for a “favourable decision,” even as reports suggest major Chinese tech firms have conditional approval to buy hundreds of thousands of them.
Tesla is making a massive strategic pivot, ending production of its flagship Model S and X to convert that space for Optimus humanoid robot manufacturing. The company is also expanding its unsupervised autonomous driving tests, but both initiatives face long, uncertain timelines.
Elon Musk is famous for setting wildly ambitious goals, from self-driving cars to humanoid robots. Now, prediction markets are turning his promises into a new kind of spectator sport, letting skeptics and believers bet real money on the outcomes.
New data shows over 60% of U.S. adults used a dedicated AI platform last year, with ChatGPT dominating. But with massive infrastructure costs, companies are scrambling to monetize through new subscription tiers and, increasingly, ads.
