Standard Chartered to Cut 7,000 Jobs Amid AI Push
Standard Chartered plans to eliminate more than 7,000 jobs as the bank accelerates automation and AI adoption across operations.
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Standard Chartered plans to eliminate more than 7,000 jobs as the bank accelerates automation and AI adoption across operations.
Figma introduced a new AI design agent that can generate interfaces, edit designs, and automate creative workflows using natural language prompts.
Anthropic has hired prominent AI researcher Andrej Karpathy as the company accelerates efforts to compete with OpenAI and Google.
BNB Chain launched the BNBAgent SDK on mainnet, introducing infrastructure for autonomous AI agents with payments, identity, escrow, and memory.
Pope Leo XIV will unveil his first encyclical focused on artificial intelligence, workers’ rights, and the ethical risks of emerging technologies.
AEON raised $8 million to develop blockchain settlement infrastructure for autonomous AI agents and machine-to-machine commerce.
Cerebras Systems completed the largest U.S. tech IPO since Uber, raising $5.55 billion as investors bet on alternative AI chip architectures. The company’s wafer-scale processors are positioned as faster inference systems than traditional GPU-based infrastructure.
Cisco announces 4,000 job cuts as the company shifts resources toward AI networking, cloud infrastructure, and data center growth.
The Coinbase-backed x402 protocol launched batch settlement to support high-frequency, low-cost payments between autonomous AI agents.
Alibaba reported a sharp decline in core profitability as aggressive AI and e-commerce investments weighed on earnings despite strong cloud growth.