Business - News Articles

Google CEO Warns AI Threatens All Jobs as U.S. Job Postings Plummet 32% Since ChatGPT Launch

Dec 19, 2025

Fortune

Google CEO Sundar Pichai warns AI threatens all jobs including his own as U.S. job postings plummet 32% since ChatGPT's launch, with Gen Z tech representation halved, urging workers to embrace AI tools to survive the coming disruption.

Labor & Jobs Business

OpenAI Sells Over 700,000 ChatGPT Licenses to 35 US Universities at Discounted Bulk Rates

Dec 18, 2025

PYMNTS.com

OpenAI sells over 700,000 ChatGPT licenses to 35 US universities at deeply discounted bulk rates of just a few dollars per user monthly, as schools embrace AI integration despite initial cheating concerns to prepare students for AI-driven workplaces.

Education Consumer Products Business

OpenAI in Talks with Amazon for $10+ Billion Investment Deal Including AI Chip Partnership

Dec 18, 2025

CNBC

OpenAI negotiates with Amazon for a massive $10+ billion investment deal that includes using Amazon's AI chips, marking a major shift after breaking free from Microsoft's exclusive computing partnership in October.

Funding Hardware Cloud Computing Business

Amazon CEO Andy Jassy Taps 27-Year Veteran Peter DeSantis to Lead New AI Division as Alexa Chief Rohit Prasad Exits

Dec 18, 2025

About Amazon

Amazon CEO Andy Jassy promotes 27-year company veteran Peter DeSantis to head a newly formed AI division encompassing Nova models, silicon development, and quantum computing as longtime Alexa chief Rohit Prasad announces his departure.

Business Foundation Models Hardware Quantum Computing

Adobe Firefly Launches AI Video Editing with Text Commands, Integrates Third-Party Models

Dec 17, 2025

TechCrunch

Adobe Firefly revolutionizes video editing by launching text-command capabilities that modify specific video elements without recreating entire clips, while integrating powerful third-party AI models including Runway's Aleph and offering unlimited generations to subscribers through 2026.

Image & Video Consumer Products Business

Consumer AI Startups Face Extinction as Platforms Absorb Features, VCs Warn Industry Needs Stabilization

Dec 17, 2025

TechCrunch

Consumer AI startups face mass extinction as tech giants absorb their features into platforms, with venture capitalists warning the industry needs stabilization before breakthrough apps emerge, potentially requiring entirely new devices beyond smartphones to unlock AI's full consumer potential.

Funding Consumer Products Business

Ford Pivots to Battery Storage Business with $2 Billion Investment After Scaling Back EV Plans

Dec 16, 2025

TechCrunch

Ford launches a $2 billion battery storage business targeting data centers and electric grids, repurposing its Kentucky factory to produce lithium iron phosphate batteries with 20GWh annual capacity starting in 2027 as it pivots from scaled-back electric vehicle plans to compete with Tesla and GM in energy storage.

Energy Data Centers Business

Palantir CIO Jim Siders Departs After 12 Years to Lead $100M AI-Focused IT Services Firm

Dec 16, 2025

CNBC

Palantir's longtime CIO Jim Siders exits after 12 years to helm Shield Technology Partners, a $100M AI-focused IT services firm under Thrive Capital that acquires stakes in tech companies and accelerates their growth through advanced artificial intelligence capabilities.

Business Funding Enterprise

NVIDIA Acquires SchedMD, Developer of Slurm Software That Powers Half the World's Top Supercomputers

Dec 16, 2025

NVIDIA Blog

NVIDIA acquires SchedMD, creator of Slurm software that manages workloads for over half of the world's top supercomputers, promising to keep the critical AI and high-performance computing infrastructure open-source while accelerating development for next-generation artificial intelligence systems.

Hardware Open Source Business

Anthropic Places $21 Billion in AI Chip Orders with Broadcom as Competition with Nvidia Intensifies

Dec 14, 2025

CNBC

Anthropic emerges as Broadcom's mystery customer behind massive AI chip orders totaling $21 billion, intensifying competition with Nvidia's market-dominating processors as demand surges for custom artificial intelligence hardware solutions.

Hardware Funding Business