Saturday, Feb 28th, 2026 -
In response, some are offering a simple proof point: They need fewer workers to get the job done. The most recent example of a CEO cutting workers en masse while talking up AI's transformative power is Block cofounder and CEO Jack Dorsey. On Thursday, he announced plans to The cheapest way for a CEO to boost a company's stock price — and to signal readiness to capitalize on the AI boom — is to conduct a ...
9 Related:
COMPANIES, TECH, DORSEY, JOBS, CUTS, JACK DORSEY
Friday, Feb 27th, 2026 -
Getting your Trinity Audio player ready... By MICHELLE CHAPMAN, AP Business Writer ChatGPT maker OpenAI has received $110 billion in funding from Amazon, SoftBank and Nvidia, putting the technology company's pre-money valuation at $730 billion. Amazon is leading the trio of tech heavyweights in commitments, putting up $50 billion, followed by $30 billion each from Nvidia and SoftBank, said OpenAI co-founder and CEO ...
9 Related:
OPENAI, ROUND, INVESTMENT, AMAZON, OPENAI'S, MASAYOSHI SON