20 May 2026
Meta begins job cuts in Israel as global layoffs in the name of AI mount
Dozens of Meta Israel employees received dismissal notices on Wednesday, as the US tech titan embarked on a wave of layoffs aimed at trimming 10 percent of its global workforce to offset investing billions of dollars toward AI infrastructure.
20 May 2026
The 5 Google I/O Announcements That Actually Matter
AI was front and center in nearly every announcement at Google I/O, but some features are more useful than others.
20 May 2026
Meta begins to lay off 10% of its workforce as AI investments surge
Notices started going out to employees on Wednesday morning as Meta begins laying off 8,000 employees, or 10% of its workforce, while pouring billions of dollars into AI.
20 May 2026
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty Images
20 May 2026
Meta slashes 8,000 jobs as it pivots towards AI
A Meta logo is shown on a video screen at LlamaCon 2025, an AI developer conference, in Menlo Park, Calif., April 29, 2025.
20 May 2026
Cheap AI could derail OpenAI and Anthropic's IPOs
This earnings season, the cost of AI started showing up in the numbers. Meta, Shopify, Spotify, and Pinterest all flagged rising AI and inference costs as a drag on margins. Shopify said economies of scale were 'partially offset by increased LLM costs.' This is the bill coming due for the pricing model that underpins OpenAI's and Anthropic's expected IPO valuations, both projected north of $800…
20 May 2026
Markets are awaiting SpaceX's public IPO filing. Here's what investors should know.
SpaceX could file publicly for its historic IPO any day now. The offering could raise $75 billion and value SpaceX at up to $2 trillion. Starlink, the launch business, and orbital AI compute are the key components investors should be looking at.
20 May 2026
Will Robotics Have a ChatGPT Moment?
Over the next few decades, billions of autonomous, AI-powered robots will work alongside people in factories, perform tedious tasks in warehouses, care for the elderly, assist in unsafe disaster areas , deliver packages and food to our doorsteps, and eventually, help out in our homes. Some will look like us, and many won’t. What is certain is that regardless of form factor, robots will all rely…
20 May 2026
Entrepreneurs from Farms: After Building Flying Cars, They Bet $39 Billion on Robotics.
Figure AI, a humanoid robotics company, recently launched a 'Human vs. Robot' parcel sorting challenge, attracting global attention. This narrow victory for humans has been summarized by many as 'humans have won now, but lost in the future.' This statement is not unfounded; before the competition even began, Figure had already started live-streaming the robot sorting process, and has been doing…
