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Disney to spend $180M on Character.AI staff over three years, filing shows

Disney expects to spend about $180m over three years on the Character.AI staff it is hiring, a bankruptcy court filing shows. The sum covers pay and retention. Character Technologies, which runs the chatbot platform, filed the papers in Delaware on 13 October. It had sought Chapter 11 protection the day before. Bloomberg first reported the […]

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Netflix names ex-Disney TV boss Peter Rice content chief as Bajaria leaves

Netflix has named Peter Rice, the former chairman of Walt Disney Television, as its chief content officer. The company announced the move on Thursday. Rice will run its global content organisation, from scripted and unscripted series to film and live events. Bela Bajaria, who has held the role since January 2023, is leaving after nearly […]

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Kroger will cut 37% of its corporate workforce as it leans on technology

“Our company has more layers, more handoffs and more overhead than we need, so we are addressing this issue.” Kroger chief executive Greg Foran wrote this in a memo to staff on Monday, 12 October. The US supermarket chain will cut about 3,000 corporate roles over the next three years. It is leaning on technology […]

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Accenture caps staff Claude spending at $29 a month, 404 Media reports

“Providing a WBS and obtaining a license does not guarantee indefinite or ongoing access to Claude.” Accenture gave its staff that warning in an internal announcement about Claude, Anthropic’s AI model. The consulting firm now pays only $29 a month per person for Claude use, Joseph Cox reported for 404 Media on 15 October. Some […]

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Epic says it vibe coded its new launcher because ‘programming is hard’

“Programming is hard. So, instead of doing that, we vibe coded a new Epic Games Launcher.” Epic Games opened its launcher announcement with those lines on 14 October. Epic says the rebuilt app is faster than the old one and has a new look. It is out in Preview for Windows, macOS and, for the […]

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Nicolas Cage says he refused Amazon’s AI waiver for ‘Spider-Noir’

Nicolas Cage says he refused to sign an AI waiver from Amazon for “Spider-Noir”, the Prime Video series it cancelled last month. He told a New York Comic Con panel on Saturday that he will probably not work with the studio again, Variety reported. “Amazon is a very AI-friendly company, to the tune of $50 […]

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Goldman’s Marco Argenti says AI turns developers into managers of managers

Goldman Sachs is entering a third phase of AI adoption, in which the goal moves from saving money to making it, the bank’s chief information officer Marco Argenti said. He spoke with Bloomberg anchor Tom Mackenzie at Wave by Vento in Turin on Friday, in a session titled “Mindset, not skillset”. “How do you make […]

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Newsom signs 13 AI bills, including a ban on AI-only firings

In California, an AI system will no longer be able to fire or discipline a worker on its own. Governor Gavin Newsom signed the No Robo Bosses Act on Wednesday, his office said. It was one of 13 AI bills he signed that day. The law, SB 947, bars employers from relying solely on an […]

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Metaview raises $60m to put AI agents across the whole hiring process

Metaview, a London and San Francisco startup that builds AI agents for recruiting, has raised a $60m Series C led by Insight Partners. GV, Intrepid Growth Partners, Seedcamp, Vertex Ventures US, Plural and Garuda Ventures also took part, the company said in a statement on Wednesday. The round comes a year after its previous one […]

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