artificial intelligence
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financeJPMorgan Chase Prioritizes AI Hiring, Warns of Job Cuts in Operations
JPMorgan plans to hire more AI specialists and cut about 10% of operations roles, signaling a major workforce transformation.
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techOpenAI Targets September IPO Filing, $80B+ Valuation Expected
OpenAI plans a confidential IPO filing by September, aiming for one of the fastest tech listings since Arm. The move tests AI valuations in public markets.
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techMeta Lays Off 8,000 as AI Spending Surges
Meta cuts 8,000 jobs and 6,000 open roles to fund AI, signaling a strategic shift away from metaverse priorities.
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techThe AI Confessional: Why We Tell Bots What We Hide From Everyone Else
A psychological analysis of why professionals disclose more to AI than to partners or therapists, and what that says about modern performance culture.
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techEric Schmidt Booed at Commencement Over AI Remarks
Former Google CEO Eric Schmidt faces hostile reception from University of Arizona graduates over AI comments, highlighting growing student anxiety.
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techSam Altman Testifies in Musk's $130 Billion OpenAI Lawsuit
Altman claims trustworthiness as Musk alleges OpenAI abandoned its nonprofit mission for profit. The case could reshape AI governance.
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techGoldman Sachs Scales Operations with AI, Curbing Hiring Needs
Goldman Sachs deploys AI assistants and autonomous agents across operations from trading to compliance, aiming for growth without a proportional headcount increase.
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techOpenAI Launches Deployment Unit with $4B Funding
OpenAI launches a dedicated AI deployment unit backed by $4 billion from 19 investors, including TPG, to scale enterprise AI adoption.