Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
Cloudflare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn’t need as many support ro…
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Category: Latest Tech News
Porsche shutters e-bike, battery, software subsidiaries as part of company overhaul
More than 500 people will be affected by the closures. “We must refocus on our core business,” Porsche CEO and executive chair Michael Leiters sai…
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Airbnb says AI now writes 60% of its new code
Airbnb also said its customer support AI bot now handles 40% of issues without escalating to a human agent.
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Mother Ventures is looking at moms as the ‘economic engine’
The VC firm, which focuses on mothers as consumers, raised a $10 million debut fund.
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Uber partner Avride is under investigation for self-driving crashes
The National Highway Traffic Safety Administration has opened an investigation into Avride after identifying more than a dozen crashes and one minor i…
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