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Intuit to lay off over 3,000 employees to refocus on AI

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In a memo to employees, CEO Sasan Goodarzi said the layoffs are meant to reduce complexity, simplify the company’s corporate structure, and deliver better AI products.

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Notion just turned its workspace into a hub for AI agents

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Notion’s new developer platform lets teams connect AI agents, external data sources, and custom code directly into their workspace as the company pushes deeper into agentic productivity software.

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Laid-off Oracle workers tried to negotiate better severance. Oracle said no.

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Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.

Laid-off Oracle workers tried to negotiate better severance. Oracle said no. Read More »

Intel’s comeback story is even wilder than it seems

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Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround.

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Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high

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CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn’t need as many support roles.

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Ethos raises $22.75M from a16z for its expert network with voice onboarding

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Ethos says it is onboarding 35,000 experts per week

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AI boom pushes Samsung to $1T

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Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.

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Peter Sarlin’s QuTwo reaches $380M valuation in angel round

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QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.

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SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw

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SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.

SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw Read More »

Sierra raises $950M as the race to own enterprise AI gets serious

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The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global standard” for AI-powered customer experiences.

Sierra raises $950M as the race to own enterprise AI gets serious Read More »