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Business

AI Drives 1 in 5 October Layoffs as Firms Cut Costs and Boost Automation

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Key Points: Roughly 20% of October layoff announcements were attributed to artificial intelligence (AI) alone. Overall, cost-cutting drove 33% of all layoff announcements. Interestingly, businesses are...
Business

AI Leaders Turn to Debt Markets as Cash Flows Strain Under Rising Costs

Wire Press - 0
Sarah Friar, OpenAI’s CFO, spoke at a Wall Street Journal technology conference to update the audience on the potential of AI. While her comments...
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