Tech Giant Recruits Key Figure From Great Recession Era To Oversee AI

Tech Giant Recruits Key Figure From Great Recession Era To Oversee AI

Ben Bernanke Joins Anthropic’s Long-Term Benefit Trust Anthropic, a leader in artificial intelligence, announced on Thursday the appointment of former Federal Reserve Chairman Ben Bernanke to its long-term benefit trust. Bernanke, who was appointed by President George W. Bush, was chairman of the Federal Reserve from 2006 to 2014, notably during the 2008 financial crisis. […]

Tech giant cuts more positions amid AI growth turmoil

Tech giant cuts more positions amid AI growth turmoil

The wave of layoffs continues in the tech industry, with Meta Inc. announcing significant job cuts in Silicon Valley. The parent company of Facebook and Instagram has let go of 2,212 employees at its Menlo Park headquarters and an additional 213 at its Sunnyvale office, as revealed in a recent Worker Adjustment and Retraining Notification […]

Chaos at Silicon Valley giant as CEO’s harsh memo to employees surfaces

Chaos at Silicon Valley giant as CEO's harsh memo to employees surfaces

Cloudflare Announces Major Layoffs Amid AI Shift Cloudflare is set to lay off over 1,100 employees globally as the San Francisco-based tech company undergoes a significant restructuring. The founders reported a staggering 600% increase in the company’s use of artificial intelligence in just three months. In their quarterly report released on Thursday, Cloudflare noted a […]

Wall Street giant issues dire warning to successful California company Micron

Wall Street giant issues dire warning to successful California company Micron

Micron Technology’s Recent Market Challenges Since President Trump’s reelection, a chip boom driven by AI has emerged as a key focus in America. However, recent news from Wall Street about California’s Micron Technology has raised eyebrows. Citigroup, in a surprising move, reduced Micron’s price target from $510 to $425 after the company’s latest earnings announcement. […]