Vimeo starts layoffs after acquisition by Bending Spoons
Vimeo is in the process of laying off some of its global staff after being acquired last year by Bending Spoons for $1.38B.
The AI jobs debate just got messier
A new report finds “high-intensity AI adopters” saw headcount increase 10.2%. Among those companies, entry-level headcount rose by 12%, countering the rhetoric that AI kills junior jobs.
Others
GM to end Chevy Bolt EV production next year, move China-made Buick to U.S. factory
The factory musical chairs reflect an economic and political environment, shaped by the Trump administration’s tariff policy and its decision to end the federal EV tax credit.
Capital One acquires Brex for steep discount to its peak valuation, but early believers are laughing all the way to the bank
Before everyone sharpens their knives, consider that for the VCs who backed Brex at its outset, the sale is a triumph.
Voice AI engine and OpenAI partner LiveKit hits $1B valuation
The five year-old-startup raised a $100 million round led by Index Ventures.
Inference startup Inferact lands $150M to commercialize vLLM
The seed round values the newly formed startup at $800 million.
Are AI agents ready for the workplace? A new benchmark raises doubts.
New research looks at how leading AI models hold up doing actual white-collar work tasks, drawn from consulting, investment banking, and law. Most models failed.
Microsoft 365 hit by outage, preventing access to emails and files
An hours-long outage is preventing Microsoft’s enterprise customers from accessing their inboxes, files, and video meetings.
How Frustrated Customers Shaped the Way I Run My Business
My first job taught me lessons about customer experience that shaped every business decision I’ve made since.
Ring is adding a new content verification feature to videos
Ring says the new feature will identify if video edits have been made, even if they’re minor.
Google DeepMind CEO is ‘surprised’ OpenAI is rushing forward with ads in ChatGPT
Google DeepMind CEO Demis Hassabis says the tech giant isn’t pressuring him to insert ads into the AI chatbot experience.