Monday.com plans 20% layoffs citing ‘AI-driven growth strategy’
Big cuts are coming for Monday.com.The enterprise software company plans to cut 20% of its workforce, according to a Form 6-K it filed. The layoffs are meant to align the…
GM swallowed a $10.9 billion pill to reset its EV strategy. It says the worst is nearly over.
The price tag for General Motors' EV reset has ballooned to nearly $11 billion.During the automaker's Tuesday earnings update, executives said GM recorded a nearly $2.3 billion EV-related charge in…
Ford calls for national firefighting strategy, lambasts Trump comments
Ontario Premier Doug Ford continues to defend how his government prepared for the summer in the face of massive wildfires sweeping across northern Ontario, displacing communities and requiring support from…
Silicon Valley is freaking out over China’s open-source AI strategy
Every so often, a Chinese company releases a new AI model, and Americans freak out.That's what happened last week when China's Moonshot AI debuted Kimi K3, which crushed a bunch…