Oracle is planning to cut thousands of jobs across multiple divisions as soon as this month, driven by a cash crunch stemming from its massive AI data center expansion, with some roles being eliminated due to AI advancements reducing the need for certain positions.
Cursor launches 'always-on agents,' continuously running AI systems that integrate with Slack, GitHub, and PagerDuty to autonomously handle software development tasks like security checks, incident response, and bug triage — a bold move to outpace rivals like Anthropic and OpenAI.
At MWC's 4YFN showcase, AI startups are proving real-world impact beyond frontier models, with Ultralytics hitting 2.5 billion inferences, Biorce raising $52 million for clinical trials, and NeuralTrust securing EU backing to protect enterprise AI systems from cyber threats.
Meta faces a lawsuit and international investigations over its AI-powered Ray-Ban smart glasses after reports reveal overseas contractors in Kenya are reviewing users' intimate and explicit footage, directly contradicting the company's 'designed for privacy' marketing claims — and over seven million buyers have no way to opt out.
The Pentagon declares Anthropic PBC a supply-chain risk effective immediately, escalating a growing dispute between the federal government and the AI company over artificial intelligence safeguards.
A new ECB survey of 5,000 European firms finds AI is boosting hiring at small businesses in the short term, with AI-intensive firms 4% more likely to add staff, but experts warn the long-term employment impact remains uncertain as the technology has yet to fundamentally reshape core production processes.
A groundbreaking 'Bayesian Teaching' framework is training LLMs to reason probabilistically with 80% accuracy by fine-tuning them on interactions with an optimal Bayesian model, and the learned skills are successfully transferring across entirely different domains like hotels and web shopping.
Amazon suffers a hours-long outage caused by a faulty software code deployment, leaving thousands of users unable to shop, check out, or access accounts, while Amazon Fresh grocery delivery is also impacted before the company resolves the issue by 8 p.m. ET.
SRAM-centric AI chips are challenging GPU dominance as NVIDIA's $20B Groq IP licensing deal and Cerebras's 750 MW OpenAI partnership signal a major shift toward faster, lower-latency accelerators purpose-built for AI inference workloads.
Cluely CEO Roy Lee confesses his $7M ARR figure shared with TechCrunch was a lie, then compounds the scandal by falsely claiming the interview was unsolicited — contradicting records showing his own PR team proactively pitched it.