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

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

Enterprise software giant Intuit is letting go 17% of its staff, or about 3,000 people, as it seeks to divert resources towards baking in AI into its products, Reuters reported, citing an internal memo sent to employees. The memo by CEO Sasan Goodarzi said the layoffs...

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Is the West de-risking from China or containing its economy?

As the US and Europe push to reduce reliance on China, Beijing tightens control over supply chains.For decades, companies flocked to China for cheap manufacturing at scale and speed.Now, Western governments are pushing businesses to pull production and reduce their...

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AI search startups are blowing up

AI search startups are blowing up

Yesterday’s big news was Google’s plan to blow up its traditional Search in favor of an AI-powered experience — but Google isn’t the only company planning for the next generation of discoverability. This morning, Bloomberg has news of the Andreessen-backed Exa Labs,...

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