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

Concerns about the future of the artificial intelligence boom intensified this week after multiple reports revealed that OpenAI, the company that helped ignite the generative AI race with ChatGPT, has reportedly fallen short of its own ambitious growth and revenue expectations. The developments have sparked wider questions about whether the enormous spending pouring into AI infrastructure can continue at its current pace and whether OpenAI can maintain its leadership position

As artificial intelligence continues to reshape the business world, a new concern is emerging alongside the excitement surrounding the technology: cost. For the past few years, companies have focused heavily on increasing AI adoption, encouraging employees to use AI tools, and investing billions of dollars into developing more powerful models. Now, however, many organizations are beginning to realize that widespread AI use comes with significant expenses, particularly as toke

Meta’s growing reliance on artificial intelligence for customer support came under scrutiny this week after hackers discovered a way to manipulate the company’s AI-powered support chatbot into granting unauthorized access to Instagram accounts. The security flaw, which has now been fixed, reportedly allowed attackers to take control of accounts without needing access to the account holder’s email address, raising broader concerns about the risks of allowing AI systems to hand

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

Artificial intelligence has become one of the most powerful buzzwords in the modern business world, with companies across nearly every industry rushing to position themselves as part of the AI revolution. But as excitement around the technology continues to grow, so too does skepticism about how genuinely many businesses are using it. A growing number of communications professionals, journalists, and industry analysts are now warning about the rise of “AI washing,” a trend wh

President Donald Trump abruptly postponed a major artificial intelligence executive order on Thursday after intense pressure from Silicon Valley leaders who warned the proposal could slow innovation and weaken America’s competitive advantage against China. The move came just hours before a planned White House signing ceremony that would have included executives from some of the world’s largest AI companies, highlighting the growing influence of the tech industry over U.S. AI

A California jury has ruled in favor of OpenAI CEO Sam Altman in a closely watched legal battle brought by Elon Musk, ending one of the most dramatic courtroom clashes in the history of the artificial intelligence industry. The federal jury in Oakland found that Altman, OpenAI, company president Greg Brockman, and Microsoft were not liable for Musk’s claims that they had betrayed OpenAI’s original nonprofit mission for personal and commercial gain. After less than two hours o

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.

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

Apple is entering a major new chapter. After 15 years as CEO, Tim Cook will step down later this year, and longtime Apple executive John Ternus will take over on September 1. The change is not just a routine leadership handoff. It reflects a pivotal moment for Apple as artificial intelligence becomes one of the biggest forces shaping the future of technology. For a company built on defining major product categories, the pressure is now on to show what its AI era will look lik

Vercel is investigating a major security incident that shows how a breach at one company can quickly ripple across the wider tech industry. The company said attackers gained unauthorized access to certain internal systems after compromising Context.ai , a third party AI tool used by one Vercel employee. That access reportedly allowed the attacker to take over the employee’s Vercel Google Workspace account through OAuth permissions and then move into some Vercel environments,

Big Tech has started telling a very specific story about layoffs: artificial intelligence is making companies leaner, faster, and less dependent on human labour. In recent months, firms including Amazon, Meta, Pinterest, and Atlassian have linked job cuts to AI driven productivity gains, while executives such as Mark Zuckerberg have framed 2026 as a turning point for how work will fundamentally change. The message is simple and powerful. AI is no longer just a tool for experi

OpenAI’s decision to shut down Sora only six months after launch marks a surprisingly fast end for one of the company’s boldest consumer AI experiments. Released in September as a short form video app, Sora was designed to let users create, remix, and share AI generated clips in a social feed similar to TikTok. At first, the app looked like a major hit. It went viral almost immediately, reached one million downloads in less than five days, and later peaked at more than 3.3 mi

Google is expanding its experimentation with AI in news delivery, rolling out a pilot program that brings AI-powered article overviews to select publications’ Google News pages. Participating outlets include major international publishers such as Der Spiegel, El País, Folha, Infobae, Kompas, The Guardian, The Times of India, The Washington Examiner, and The Washington Post, all of whom have agreed to test how AI might surface more context for readers before they click throu

Alibaba’s newly relaunched Qwen AI app has rapidly become one of the most talked-about developments in the global artificial intelligence landscape, recording more than 10 million downloads within its first week of public beta. The surge marks one of the fastest early adoption curves seen in the consumer AI market, surpassing the initial momentum of tools like ChatGPT, Sora, and DeepSeek (Artificial Intelligence News). The explosive uptake reflects a strategic shift in how m

Jeff Bezos is stepping back into a hands-on leadership role for the first time since leaving Amazon in 2021, taking on the position of co-CEO at a new artificial intelligence startup called Project Prometheus. The venture, which has already secured an extraordinary $6.2 billion in funding, is shaping up to be one of the most heavily financed early-stage startups ever launched ( Investing.com ; Forbes; TechBuzz). Bezos is contributing part of the investment himself, signaling

SoftBank Group Corp. has once again made headlines with its decision to sell its entire stake in Nvidia Corp. for $5.83 billion, a move aimed at fueling its growing investments in artificial intelligence. The sale, though surprising to some investors, reflects founder Masayoshi Son’s ambition to position SoftBank as a dominant player in the expanding AI ecosystem (Bloomberg; Wall Street Journal). Son’s vision extends beyond software and into large-scale infrastructure, from S

Amazon Web Services (AWS) and OpenAI have entered a monumental $38 billion, multi-year partnership that underscores both companies’ growing ambitions in artificial intelligence and cloud computing. The agreement enables OpenAI to run its most advanced AI workloads on AWS’s high-performance infrastructure starting immediately, marking one of the largest cloud deals in history and a major shift in OpenAI’s cloud strategy ( Investing.com ). Under the deal, OpenAI will gain acce