Block CEO Envisions AI Unseating Middle Managers
In the wake of sweeping layoffs, Block‘s Jack Dorsey sees AI replacing corporate middle managers.
Dorsey, the financial services/tech company’s co-founder and CEO, put forth this idea T...
The On-Chain Economy Is Splitting in Two
Institutional crypto now centers on controlled access. Large financial firms are using on-chain systems for repo, treasury activity, and cash management inside environments built around compliance and...
OpenAI lands $122 billion funding round ahead of expected IPO
OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, marking its largest funding round to date. This funding aims to bolster OpenAI’s expenditures on artificial intelligence ...
Lowe’s Thinks Smarter Shelves Can Win the Pro Customer
Retail runs on inventory management. And inventory management increasingly runs on artificial intelligence.
Historically, retail forecasting and replenishment have been constrained by laggi...
Oracle Eliminates 30,000 Roles in 6 A.M. Layoff Notice
American multinational technology firm Oracle reportedly laid off thousands of employees on Tuesday, sending termination emails at 6 a.m.
Oracle begins mass layoffs of up to 30,000 employees, earl...
