28 May 2026
Meta’s mass layoffs hit nearly 3,200 Bay Area workers, among region’s worst job losses in years
As Meta CEO Mark Zuckerberg pushes the company deeper into artificial intelligence, employee layoffs continue to mount.
28 May 2026
Anthropic raises $65B in Series H funding at $965B post-money valuation
Anthropic has raised $65 billion in Series H funding led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, valuing the company at $965 billion post-money.
28 May 2026
Snowflake Soars. 2 Software Stocks That Could Be Next
Snowflake ( SNOW +36.55% ) had a message for software investors last night: Don't give up on software-as-a-service (SaaS) stocks yet. In a year when software stocks have gotten pummeled over concerns that AI-native products from start-ups like Anthropic could disrupt the leading enterprise software companies, Snowflake, a bellwether in the industry, seemed to dispel the notions of disruption in…
28 May 2026
The New York Jets Will Now Try Being "AI-First"
The New York Jets have been pretty uniformly terrible on the field under the ownership of Woody Johnson, but the organization has lately been recognized as an innovative and industry-leading presence in integrating video game rankings and loutish patrician antics into its front-office processes.
27 May 2026
S&P 500 closes flat as traders weigh peace prospects
Flat fields (Arne Dedert/Getty Images) The S&P 500 managed to just barely eke out a new record closing high as traders digested conflicting reports on US-Iran negotiations.
27 May 2026
DeepSWE adds fresh doubt to Claude Opus benchmark claims
DeepSWE has turned a coding benchmark into a trust test, after findings suggested Claude Opus was using a benchmark loophole rather than only solving the work in front of it. That matters because benchmark scores still sit near the center of AI procurement, and buyers use them as shorthand for what a model can do in real codebases. When those numbers can be gamed, the signal gets much noisier,…
26 May 2026
Meta lays off nearly 1,400 Washington employees in latest tech workforce cut
Meta ’s artificial intelligence overhaul is now hitting one of the country’s largest tech corridors, with the Facebook parent company preparing to cut nearly 1,400 workers across Washington state.
26 May 2026
Will Marvell Technology Stock Keep Soaring as Q1 Results Approach?
Marvell Technology ( MRVL - Free Report ) ) has emerged as one of the biggest beneficiaries of the artificial intelligence (AI) infrastructure boom, with its stock delivering massive gains of more than 200% over the past year after rallying over 140% year to date. Investors are now turning their attention to Marvell’s Q1 earnings report, wondering whether the company can sustain its momentum amid…
26 May 2026
Microsoft Should Be Thrown Out Of Magnificent 7
The Magnificent 7 are supposed to comprise the world’s hottest megacap companies. Their businesses will control the future. They are a mix of AI, search, the future of vehicles and robots, Alphabet (parent company of Google), Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), Meta Platforms (parent company of Facebook and Instagram), Microsoft, Nvidia ( NASDAQ: NVDA | NVDA Price Prediction ), and Tesla…
