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Flock Safety to Cut 270 Jobs As Surveillance Technology Faces Growing Privacy Backlash
Flock Safety plans to lay off approximately 270 employees, or 18% of its workforce, as the maker of AI-powered surveillance cameras and automated license-plate...
OpenAI’s September Revenue Run Rate Falls Short of $70 Billion Signal, Report Says
OpenAI has told investors that its annualized revenue run rate for September was nearly $50 billion, significantly below the figure approaching $70 billion that...
OpenAI Defends Firing of Three Safety Researchers Amid Growing Concerns Over Rogue AI Systems
OpenAI has defended its decision to dismiss three safety researchers after they raised concerns about the company's approach to advanced artificial intelligence, insisting that...
European Industry Groups Demand Tougher EU Trade Measures Against China as Manufacturing Faces Pressure
Forty-four European industry associations have urged the European Union to strengthen its response to Chinese trade practices, warning that growing import competition and market...
McKinsey Says AI Only Makes Employees Productive, Not Yet Translating Into Enterprise-Wide Results
Companies are discovering that giving employees access to artificial intelligence tools does not automatically translate into higher corporate productivity or stronger profits, as individual...