The online education company said the combination of artificial intelligence and diminished traffic from search engines like Google has hurt the business.
Chegg slashes 45% of workforce, blames ‘new realities of AI’ Read More »
OpenAI urged the White House to substantially increase the U.S.’ investment in new energy capacity
The layoffs will amount to the largest cuts to Amazon’s corporate workforce in the company’s history, according to a person familiar with the matter.
Amazon to announce largest layoffs in company history, source says Read More »
The Roomba maker’s financial condition has worsened since Amazon abandoned its planned acquisition of the company in 2024.
iRobot stock tumbles 30% after Roomba maker warns the search for a buyer has stalled Read More »
The company was able to take advantage of the pivot to data-labeling after Meta paid $14.3 billion for a 49% stake in Scale AI in June
AI startup Mercor now valued at $10 billion with new $350 million funding round Read More »
Airbnb will take a number of factors into consideration to block reservations it deems higher risks of being used for Halloween parties.
Airbnb wants to help hosts prevent Halloween parties in the U.S. and Canada Read More »
The AI200, expected in 2026, and the AI250, planned for 2027, both can come in a system that fills up a full, liquid-cooled server rack, Qualcomm said.
Qualcomm announces AI chips to compete with AMD and Nvidia Read More »
Here are five key things investors need to know to start the trading day.
Tesla Board Chair Robyn Denholm said Elon Musk is key to the future of the EV maker as it focuses more on Full Self Driving and Optimus.
Tesla risks losing CEO Musk if $1 trillion pay package isn’t approved, board chair says Read More »
Most of the tech megacaps report quarterly results this week, and investors are particular focused on capital expenditures.
OpenAI’s spending bonanza has Wall Street focused on capex in Big Tech earnings reports Read More »