Anthropic hires OpenAI co-founder Andrej Karpathy, intensifying AI industry competition as leading firms race for top research talent.
Browsing: Corporate governance
Inter IKEA, which franchises the Swedish furniture brand, is laying off 850 workers as part of a cost-cutting move
Meta detailed its layoffs plan for May 20 in a memo shared with employees on Monday, as the company accelerates its push into artificial intelligence
Standard Chartered plans over 7,000 job cuts worldwide as the bank accelerates artificial intelligence adoption and automation initiatives.
NextEra’s $66.8B Dominion acquisition creates America’s largest regulated utility amid soaring AI-driven electricity demand
Amazon faces criticism after alleged 10,781 H-1B visa applications spark debate over immigration, layoffs and American tech jobs.
Salesforce plans $300 million Anthropic token spending as AI boosts coding productivity, despite pausing software engineer hiring in 2025.
Satya Nadella revealed Microsoft prepared a $25 billion backup plan after Sam Altman’s sudden removal from OpenAI leadership.
Indian American doctor, firms probed for alleged birth tourism services amid U.S. concerns over visa fraud and national security.
Starbucks cuts 300 U.S. corporate jobs while reviewing global workforce as CEO Brian Niccol continues restructuring strategy.
Indian American executive to lead risk and compliance software provider’s global growth strategy.
Thinking Machines Lab loses key founding members to Meta and OpenAI as competition for elite AI talent intensifies globally.
Indian tech professionals in the U.S. fear toxic work culture, burnout, and hierarchy-driven workplaces if forced to return home.
Seasoned Indian American finance and operating executive to help accelerate professional education company’s AI-powered growth.
Documentary reignites debate over H-1B visas, outsourcing and alleged Indian hiring networks in Silicon Valley tech recruitment.
Walmart cuts 1,000 jobs amid restructuring and tech expansion, while denying AI as the reason behind workforce reductions.
Sam Altman testified Elon Musk sought long-term OpenAI control, even suggesting ownership could pass to his children after death.
General Motors has laid off around 600 employees of its IT department. making room for some with AI-focused backgrounds.
Satya Nadella’s testimony in Musk’s lawsuit against OpenAI may weaken claims over Microsoft’s influence and nonprofit mission shift.
GitLab announces layoffs, management cuts and AI-driven restructuring as the company shifts toward faster, leaner software operations.
Allen to take control as CEO while BuzzFeed restructures operations and confronts continuing financial pressures.
Viral Walmart video sparks backlash over alleged threatening gesture by employees, igniting debates on recording policies, customer rights.
Hundreds of OpenAI employees became millionaires after cashing out $6.6 billion in shares amid the booming AI race.
Musk-OpenAI lawsuit raises concerns over AI privacy, digital diary evidence, and legal protections for chatbot conversations, personal data.
SoftBank lowers OpenAI-backed margin loan target to $6 billion amid investor concerns over AI valuations and debt exposure.