artificial-intelligence

Snap is eliminating 16 percent of its workforce and closing over 300 open roles, citing AI-driven efficiency gains that let smaller teams handle tasks previously requiring larger headcount.

Snap is eliminating 16 percent of its workforce, projecting $500 million in annualized savings as AI generates over 65 percent of the company's new code.

Meta releases Muse Spark, a proprietary multimodal reasoning model from its new Superintelligence Labs unit, marking a sharp departure from its open-weight Llama strategy after a nine-month infrastructure rebuild.

The ASF targets $10M over three years to secure the open source infrastructure AI depends on, with Anthropic providing $1.5M and Alpha-Omega contributing $250K as seed funding.

Stanford HAI's annual AI Index report reveals that China has nearly closed the gap with the US on model benchmarks, generative AI adoption has outpaced the PC and internet, and AI data centers now draw enough power to run New York state.

Halter closes a $220 million Series E led by Founders Fund, doubling its valuation to $2 billion as its AI-powered GPS collars for cattle replace physical fencing across three countries.

Oracle terminates an estimated 18 percent of its global workforce via early-morning emails with no prior warning, freeing up to $10 billion in cash flow to finance a $156 billion AI infrastructure expansion even as the company reports a 95 percent jump in quarterly net income.

The OpenTelemetry-native observability startup closes a $110M Series B at a $1B valuation, betting that AI agents will replace manual incident response.

The EU deploys an AI-powered traceability tool that connects national food safety databases to accelerate fraud detection and product recalls across all 27 member states.

Spotify's AI playlist tool now generates personalized podcast episode collections from text prompts, rolling out in beta to Premium subscribers across seven English-speaking markets.

A systematic audit of 71 commercial veterinary AI products published in Frontiers in Veterinary Science found a mean transparency score of just 6.4 percent, prompting at least one company to expand its public performance dashboard in response.

As USAID funding collapses by more than half, aid organizations deploy AI tools and corporate partnerships to stretch diminished resources across a record 300 million people in need.