Behind the wave of white-collar layoffs: Old-school cost cutting, tariffs and, yes, AI
Corporate America is getting rocked by historic rounds of white-collar layoffs, leading some to wonder: Has AI finally come for ...
Tag: Technology
HSBC, General Atlantic CEOs flag AI capex-revenue mismatch, ‘irrational exuberance’
HONG KONG, CHINA - 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT are seen ...
Palantir tops estimates, boosts fourth-quarter guidance on AI adoption
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on ...
Cramer: Amazon-OpenAI cloud deal puts an exclamation point on a remarkable few days
Amazon went from "Magnificent Seven" zero to hero in a matter of days. First, it was blowout earnings on Thursday ...
China’s Baidu says weekly robotaxi rides hit 250,000 — same as Alphabet’s Waymo this spring
Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles.BaiduBEIJING — ...
CNBC Daily Open: AI trade frenzy seems driven by a ‘virtuous’ cycle
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, ...
Where the Nexperia auto chip crisis stands now as the U.S., China and EU race to contain fallout
The logo of Chinese-owned semiconductor company Nexperia is displayed at the chipmaker's German facility, after the Dutch government seized control ...
Just 5% of CRE companies have achieved their AI goals. Here’s why
Diminishing perspective of downtown London skyscrapersChunyip Wong | Istock | Getty ImagesA version of this article first appeared in the ...
Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
Bob Hartheimer, CEO of Tennessee's Evolve Bank & Trust, was fired after U.S. law enforcement officials caught him propositioning a ...
Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says
Microsoft CEO Satya Nadella speaks during an event commemorating the 50th anniversary of the company at Microsoft headquarters in Redmond, ...
