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Coinbase Layoffs Show How AI Is Reshaping the Workplace
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
Covertly AI
4 days ago3 min read


Greg Abel’s $64 Billion AI Bet on Apple, Amazon, and Alphabet
Warren Buffett may no longer be leading Berkshire Hathaway, but artificial intelligence is still playing a major role in the company’s future. After Buffett retired as CEO on Dec. 31 following roughly six decades at the helm, Greg Abel took over responsibility for Berkshire’s $313 billion investment portfolio. That handoff also included major exposure to AI through three key holdings: Apple, Alphabet, and Amazon. Together, those positions represent about $64 billion in invest
Covertly AI
Mar 233 min read


Amazon Launches Project Amelia: A Powerful AI Assistant for Sellers
Amazon has unveiled Project Amelia, an advanced generative AI-powered assistant designed to revolutionize how third-party sellers manage...
Covertly AI
Jan 22, 20253 min read


Amazon's AI-Driven Carbon Removal Initiative: Revolutionizing Data Center Sustainability
Amazon is taking a groundbreaking step toward sustainability by piloting a carbon-removal material designed by artificial intelligence...
Covertly AI
Dec 2, 20242 min read
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