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News Powered By AI

Snap is cutting 1,000 jobs, 16% of its workforce

Snap is cutting 1,000 jobs, 16% of its workforce

by News Feed Editor | Apr 15, 2026 | Technology

Snap is laying off roughly 16% of its global workforce, impacting around 1,000 full-time employees, according to a memo sent to staff from Snap CEO Evan Spiegel on Wednesday. The company cites advancements in AI for the cuts. “While these changes are necessary to...
Reid Hoffman weighs in on the ‘tokenmaxxing’ debate

Reid Hoffman weighs in on the ‘tokenmaxxing’ debate

by News Feed Editor | Apr 15, 2026 | Technology

Days after Meta shut down its internal “tokenmaxxing” dashboard following news of the AI leaderboard leaking to the press, LinkedIn co-founder and venture capitalist Reid Hoffman came out in support of the concept that’s recently taken Silicon Valley by storm. An AI...
Adobe’s new Firefly AI assistant can use Creative Cloud apps to complete tasks

Adobe’s new Firefly AI assistant can use Creative Cloud apps to complete tasks

by News Feed Editor | Apr 15, 2026 | Technology

Last October, Adobe previewed a new assistant under the “Project Moonlight” moniker that could do tasks for you by tapping different Adobe apps like Acrobat, Photoshop and Express. That product is now being launched as Firefly AI Assistant. The Firefly AI Assistant...
This startup is betting tokenmaxxing will create the next compute giant

This startup is betting tokenmaxxing will create the next compute giant

by News Feed Editor | Apr 15, 2026 | Technology

“Give me tokens. Just give me tokens. I want them fast. I want them cheap. I want them now.” That’s the mantra for developers building software on generative AI models, or at least what Parasail CEO Mike Henry hears. Parasail provides a cloud computing service to...
Gitar, a startup that uses agents to secure code, emerges from stealth with  million

Gitar, a startup that uses agents to secure code, emerges from stealth with $9 million

by News Feed Editor | Apr 15, 2026 | Technology

With the advent of “vibe coding,” AI agents have unleashed a deluge of code onto companies that many are now struggling to manage. This sudden inundation has been called “code overload.” Reports have shown that AI-generated code can introduce significant...
This energy startup’s bet on 100-year-old grid tech is paying off

This energy startup’s bet on 100-year-old grid tech is paying off

by News Feed Editor | Apr 15, 2026 | Technology

Demand for electrical transformers, fueled in part by AI data centers, has grown so high that one prominent investor is backing a new startup that uses a very old technology. Ayr Energy makes transformers with iron-cores, the same basic tech used in the grid for over...
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