Companies are investing heavily in artificial intelligence with the expectation that it will unlock major productivity gains, especially in software engineering. AI coding tools can now help developers produce more code faster than ever, with some workers saying tasks that once took a week can now be completed in a day. Tools like Claude Code have made individual coding work quicker, but the larger business results are still less clear. More code does not automatically mean b

The rise of artificial intelligence has sparked a growing debate about whether the AI economy will create a permanent underclass of people left behind by automation. In Silicon Valley, the mood is both excited and anxious. Top AI engineers are receiving enormous compensation offers, startups are racing to become the next major winner, and some young workers believe success in the next few years could determine their entire economic future. Behind the optimism is a fear that A

Microsoft is entering the next phase of workplace AI with the launch of Microsoft Scout, an always-on personal assistant built to work across the Microsoft 365 ecosystem. Inspired by the open-source OpenClaw project, Scout is designed to move beyond the basic question-and-answer style of most AI tools. Instead of waiting for users to prompt it every time, Scout can stay active in the background, learn how someone works, and help carry tasks forward across apps like Teams, Out

Morgan Stanley is preparing to make one of Wall Street’s biggest moves into the AI agent era by opening parts of its wealth management infrastructure to external artificial intelligence agents. The firm will allow corporate clients’ AI tools to connect directly with its stock administration platforms, ShareWorks and Equity Edge, so they can pull data and insights without relying on traditional software interfaces built for human users. This marks one of the earliest examples

Google’s Gemini Spark is being introduced as a 24/7 personal AI agent designed to help people manage their digital lives with less manual effort. Unlike a regular chatbot that only responds when opened, Spark can work in the background, even when a phone or laptop is turned off. Google says users stay in control by choosing when to turn it on, and Spark is designed to check before taking major actions. The goal is to give people an assistant that can handle complex digital ta

Tech leaders are being warned about a growing problem in the artificial intelligence boom: “AI psychosis.” The phrase, used by Box CEO Aaron Levie, describes the way some executives become overly convinced that AI agents can quickly replace human work after seeing impressive demos or simple prototypes. Levie argues that CEOs are especially vulnerable because they are often far away from the “last mile” of real work, where AI outputs must be checked, corrected, integrated, and

Wix is facing one of the most difficult periods in its history as the company prepares to cut approximately 1,000 jobs, or around 20% of its workforce, following disappointing financial results and a dramatic decline in investor confidence. The layoffs, expected to be the largest in the company’s history, come as Wix struggles to adapt to a rapidly changing technology industry increasingly shaped by artificial intelligence. After years of growth as a website-building platform

TD Bank Group is taking a major step into the future of banking with the launch of its first agentic AI model, designed to transform how mortgage and Home Equity Line of Credit applications are reviewed. Announced on May 21, 2026, the new system marks a key milestone in TD’s larger enterprise-wide AI strategy. The bank says this technology will help automate and simplify parts of its Real Estate Secured Lending operations, beginning with the early review process before applic

Cisco is making a major shift toward artificial intelligence, even as it reports some of its strongest financial results in years. The networking technology giant announced that it is cutting nearly 4,000 jobs, representing less than 5% of its workforce, while also reporting record quarterly revenue and stronger-than-expected earnings. The move shows how major tech companies are increasingly restructuring around AI, even when their overall business performance remains strong.

Anthropic’s Claude is quickly moving beyond the idea of a simple chatbot and toward a future where AI can understand a person’s work, habits, and needs before they even ask for help. Cat Wu, Anthropic’s head of product for Claude Code and Cowork, recently explained that the next major step for AI assistants will be “proactivity.” Instead of only responding when users type a prompt, future AI systems could recognize patterns, set up automations, and help with tasks before user

Nvidia CEO Jensen Huang is pushing back against growing fears that artificial intelligence will destroy jobs, arguing instead that AI is creating a large new wave of work. Speaking at a Milken Institute event with MSNBC’s Becky Quick, Huang said AI should be seen as a job creator and a major opportunity for the United States to rebuild its industrial strength. His comments come at a time when many workers, especially younger and entry-level employees, are worried about how qu

Coinbase is cutting 14% of its workforce as CEO Brian Armstrong pushes the company to become leaner, faster, and more focused on artificial intelligence. The layoffs are expected to affect about 700 employees, based on the company’s reported workforce size of 4,951 at the end of 2025. Armstrong said the decision comes as Coinbase faces two major pressures at once: a weaker crypto market and the rapid rise of AI tools that are changing how companies operate. In a letter to emp

Meta and Microsoft are the latest major technology companies to show how deeply artificial intelligence is reshaping the industry. Meta announced that it will cut about 8,000 workers, which is around 10 percent of its workforce, as the company continues pouring money into AI infrastructure and expensive AI talent. The cuts are being presented as part of a larger effort to improve efficiency, reduce costs, and create more room for new investments in other parts of the business

Meta is pushing artificial intelligence beyond consumer products and directly into the executive office, with CEO Mark Zuckerberg reportedly developing a personal AI agent to help him run the company. According to the reports, the tool is designed to retrieve information quickly and cut through the multiple layers of communication that usually exist inside a company as large as Meta. Instead of waiting for updates to move through teams and managers, Zuckerberg’s AI agent can

Artificial intelligence is transforming how companies operate, but it is also creating new cybersecurity challenges. A recent incident involving global consulting firm McKinsey highlights how rapidly evolving AI technologies can introduce unexpected vulnerabilities. Researchers from cybersecurity startup CodeWall revealed that they were able to hack McKinsey’s internal AI platform, called Lilli, exposing millions of internal messages and sensitive system information. Although

Atlassian, the Australian software company behind widely used collaboration tools like Jira, Confluence, and Trello, has announced a major restructuring that will eliminate about 1,600 jobs, roughly 10% of its global workforce. The layoffs are part of a broader effort by the company to shift its strategy toward artificial intelligence and strengthen its enterprise sales capabilities. While the move reflects a growing trend across the technology industry, it has sparked debate

OpenAI has begun the new year with another strategic acqui-hire, announcing that it will acquire the team behind Convogo, an AI-powered business software platform designed to support executive coaches, consultants, talent leaders, and HR teams. Convogo’s product focused on automating leadership assessments and streamlining feedback reports, helping professionals reduce administrative workload while improving the quality of insights delivered to clients. While the acquisitio

Opera has officially opened public access to its long-anticipated AI browser, Neon, marking one of the most ambitious attempts yet to merge everyday browsing with advanced artificial intelligence. After several months of private testing that began in October and an initial reveal in May, Neon is now available to anyone willing to pay its subscription fee of $19.90 per month (Yahoo). The launch places Opera squarely in the emerging category of agentic browsers, a space also

Anthropic has introduced Claude Opus 4.5, a significant upgrade to its most capable AI model and one built specifically to excel at coding, professional workflows, and long-running agent tasks. Released shortly after updates to Google’s Gemini 3 and OpenAI’s GPT-5.1, the new model takes a different approach by focusing less on flashy content generation and more on dependable workplace performance (CNET). Anthropic says Opus 4.5 is designed for getting real work done, buildi

Energy technology giant SLB has taken a major step forward in its digital transformation strategy with the launch of its new artificial intelligence tool, Tela. Designed to automate processes and streamline workflows, Tela represents SLB’s continued effort to integrate advanced AI into energy operations to unlock growth and improve efficiency across the sector (Somasekhar; Channel News Asia; Reuters). The tool, unveiled on Monday, is set to be embedded within SLB’s portfolio