Google Weighs Samsung 2-Nanometer Production for Future TPU as AI Chip Demand Surges
Google is in talks with Samsung Electronics to manufacture part of its next-generation artificial intelligence chip, a move that suggests the company is trying to diversify its chip supply chain as global demand for advanced AI hardware keeps rising. Google wants TSMC to build the main computing section of its next tensor processing unit, code-named […]
AI Job Fears Move From Theory to Politics as Washington Searches for Worker Protections
Artificial intelligence is no longer just a technology story. It is becoming a major political and economic fight over jobs, wages, worker power and who benefits from automation. As companies move faster to adopt AI, lawmakers are trying to understand whether the technology will create new opportunities, eliminate millions of jobs, or do both at […]
White House Moves Toward AI Oversight With 30-Day Review of Frontier Systems
President Donald Trump has signed a new executive order aimed at increasing federal oversight of the most powerful artificial intelligence systems before they are released to the public. The order asks AI companies to give the administration access to advanced models 30 days before public release, allowing government officials to examine potential national-security and cybersecurity […]
Groupon Cuts Hundreds of Jobs as It Bets Its Future on AI
Groupon is cutting up to 400 jobs, nearly a quarter of its global workforce, as the company restructures around artificial intelligence. The layoffs are part of a broader plan to make the discount e-commerce platform an “AI-native” company, meaning Groupon wants artificial intelligence embedded into the core of how it serves customers and merchants. The […]
A Reversal in AI Investment Could Shake Economies and Trigger a Stock Market Selloff
Investors should stop asking whether the artificial intelligence boom will end and start asking what will happen when it slows. His main point is not that the AI rally is about to collapse immediately, but that every major technology investment boom eventually loses momentum. Because today’s AI spending has become so large, even a modest […]
OpenAI Foundation Pledges $250 Million to Help Workers Face AI Disruption
The OpenAI Foundation is committing an initial $250 million to help workers, communities, and economies manage the disruption caused by artificial intelligence. The nonprofit, which controls OpenAI, will use the money for grants, partnerships, and direct programs focused on the economic effects of AI. The announcement reflects growing concern that AI could transform labor markets […]
Snowflake Raises Forecast as Corporate AI Demand Drives Cloud Data Growth
Snowflake raised its annual product revenue forecast as businesses increase spending on artificial intelligence and move more data workloads onto its cloud platform. The company now expects fiscal 2027 product revenue of $5.84 billion, up from its previous forecast of $5.66 billion. The stronger outlook reflects growing demand for Snowflake’s data warehousing, analytics, machine learning […]
Intuit Cuts 3,000 Jobs as It Restructures Around AI and Faster Growth
Intuit is cutting about 17% of its global workforce, equal to roughly 3,000 employees, as the maker of TurboTax and QuickBooks tries to simplify its structure and sharpen its focus on major growth priorities, especially artificial intelligence. CEO Sasan Goodarzi announced the layoffs in an internal memo, saying that reducing complexity would help the company […]
Young Workers Push Back as AI Anxiety Grows Over Jobs, Creativity and the Future of Work
The artificial intelligence revolution is no longer being greeted only with excitement. Among many young people entering the workforce, it is increasingly being met with fear, frustration and open resistance. Former Google CEO Eric Schmidt was booed during a commencement speech at the University of Arizona after telling graduates that AI’s impact would be “larger, […]
AWS CEO Pushes Back on AI Job Apocalypse Fears, Saying Workers Must Adapt Pool
Amazon Web Services CEO Matt Garman is pushing back against warnings that artificial intelligence will create a sweeping “job apocalypse,” arguing instead that AI will reshape work and force employees to adapt. In an interview with The Wall Street Journal, Garman said AI will significantly affect jobs, but he rejected the idea that it will […]
