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.
KPMG has formed a global alliance with Anthropic to deploy Claude across its Digital Gateway platform and workforce of more than 276,000 employees.
Clarity applies contextual understanding to market intelligence, enabling auditable, high-quality AI wealth advisory for financial institutions.
Pope Leo XIV will unveil his first encyclical focused on artificial intelligence, workers’ rights, and the ethical risks of emerging technologies.
Accenture has expanded its collaboration with Stellantis and Nvidia to build AI-powered digital twins for automotive manufacturing.
Notion has introduced a developer platform that expands its AI agent capabilities with workflow orchestration, external integrations, and custom code execution.
White House adviser Kevin Hassett says AI is not yet causing job losses despite ongoing tech layoffs tied to automation and productivity gains.
Former Oracle employees say they were asked to help train internal AI systems before being laid off, as the company shifts resources toward data centers and AI infrastructure.
Elon Musk’s X is rolling out a rebuilt AI-powered ad platform to revive advertiser interest. The move aims to improve targeting and campaign performance.
Coinbase is testing AI agents embedded in tools like Slack and email to automate internal workflows. CEO Brian Armstrong says agents could eventually outnumber employees.
A new survey finds 15% of Americans are open to having an AI manager, as automation reshapes workplace structures and raises job concerns.
Siemens is planning a major restructuring to integrate AI and software across its digital and infrastructure businesses.
European Central Bank highlighted AI’s potential to reshape productivity, investment, and labor markets across Europe, while warning of uneven adoption and financing constraints. The outlook remains uncertain as AI diffusion accelerates.
Alibaba has introduced Accio Work, a plug-and-play agentic AI system designed to automate complex business operations for small and medium enterprises.