Meta targets 20 May for 8,000 layoffs as it redirects billions toward AI infrastructure

In short: Meta will begin companywide layoffs on 20 May, cutting approximately 8,000 employees (10% of its 78,865-person workforce), with additional cuts planned for the second half of 2026. The restr [...]

Klarna just struck a $1.7 billion deal to free up capital for $40 billion in lending. Its stock is down 76 per cent from its IPO high.

Six months after listing on the New York Stock Exchange at $40 a share, Klarna is trading at roughly $12. The Swedish buy-now-pay-later company that once symbolised European fintech’s arrival on Wal [...]

AI isn’t coming for your job, it’s coming for your justification

AI adoption is creating a clear divide among employees. Some see AI as a tool to increase their impact, while others see it as a threat to their role. So, where does the truth lie between these two mi [...]

No Phone, No Social Safety Net: Welcome to the ‘Offline Club’

Across Europe’s largest cities, people are gathering for semi-silent, offline hangouts, in search of an experience that isn’t mediated through their smartphones. [...]

Penemue raises €1.7M to scale AI hate speech detection

The German startup detects online hate, digital violence, and disinformation across 89 languages in real time, and works with public prosecutors and police alongside commercial clients. Investors were [...]

More than 100 Baidu robotaxis froze mid-traffic in Wuhan. The age of the mass fleet failure has arrived.

On Tuesday evening in Wuhan, more than 100 of Baidu’s Apollo Go robotaxis stopped moving. They did not pull over. They did not activate an emergency protocol. They simply froze, scattered across the [...]

Alphabet’s Starlink competitor Taara is spinning off into an independent company

Alphabet is letting its laser-based internet company Taara fly and be free, according to reporting by Financial Times. Google’s parent company is spinning off the service from X, its moonshot incuba [...]

AMD, Arm, and Qualcomm invest $60M in Wayve, completing the silicon side of its autonomous driving stack

The extension to Wayve’s $1.2B Series D gives the London startup coverage across virtually every compute architecture in automotive use today, from chips already in millions of vehicles to the platf [...]

Anthropic cuts Claude subscribers off from OpenClaw in cost crackdown

In short: Anthropic has blocked Claude Pro and Max subscribers from using their flat-rate plans with third-party AI agent frameworks, starting with OpenClaw. The move, which took effect on 4 April 20 [...]