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Bloomberg made a rare cut to staff in a newsroom overhaul. Read the memo breaking down the changes.
Bloomberg announced a newsroom reorg and staff cut but said it would end the year with more employees.
Indeed, Glassdoor to Cut 1,300 Jobs in AI-Focused Consolidation
Indeed and Glassdoor — both owned by the Japanese group Recruit Holdings Co. — are cutting roughly 1,300 jobs as part of a broader move to combine operations and shift more focus toward artificial intelligence.
Microsoft racks up over $500 million in AI savings while slashing jobs, Bloomberg News reports
Microsoft saved more than $500 million in its call centers alone last year by using artificial intelligence, Bloomberg News reported on Wednesday.
Apple loses top AI models executive to Mark Zuckerberg’s hiring spree
The major departure, the most significant in Apple’s AI ranks since the company started working on Apple Intelligence a few years ago, underscores the heightened competition for talent in the
Apple Reportedly Loses Key AI Mind
The iPhone maker’s quiet AI ambitions just took a major hit as Meta doubles down on its war with OpenAI and Google.
The world is too complex for AI to pick your stocks, a hedge fund quant says
Hedge fund expert Gappy Paleologo argues that AI, including ChatGPT, can't yet replicate human intuition and context in stock investing.
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