The Alibi
Meta cuts 20% of its workforce citing AI infrastructure costs. The same day, a survey reveals 59% of hiring managers stress AI's role in layoffs "because it plays better." Only 9% say AI has fully replaced roles. The most powerful thing AI has disrupted is the layoff narrative.
Sources: Meta plans sweeping layoffs that could affect 20% or more of the company, amid mounting AI infrastructure costs; it had ~79,000 employees as of Dec. 31
Meta (META.O) is planning sweeping layoffs that could affect 20% or more of the company, three sources familiar with the matter told Reuters …
The gaming industry is shaping up to be one of the AI boom's biggest casualties, from job losses to rising console prices due to the global RAM shortage
From the global RAM shortage driving up console prices to job loss in the industry, gaming is shaping up to be one of the AI boom's biggest casualties.
Sources: ByteDance suspended the global launch of Seedance 2.0 amid copyright disputes with Hollywood studios and streamers; it was launched in China last month
ByteDance has put on hold the global launch of its latest video-generation model, Seedance 2., due to a string of copyright disputes …
Tether, flush with cash, has been investing in diverse sectors ranging from sleep tech company Eight Sleep to humanoid robotics company Neura Robotics
Beyond fintech and crypto startups, Tether has now backed a mattress-maker and a humanoid robotics specialist.
Study: most AI-generated videos on social media about the war in Iran push pro-Iranian views, often exaggerating its military capabilities and sophistication
A torrent of fake videos and images generated by artificial intelligence have overrun social networks during the first weeks of the war in Iran.
Drones caused a Qatari helium-producing energy hub to shutter; crucial in chipmaking, Bloomberg says the closed hub makes up ~33% of global helium production
It's not just oil. — The near-standstill in the Strait of Hormuz is raising fears of a price surge for commodities used …
Intellexa's founder says his firm sells surveillance tech exclusively to governments, reviving claims of state spying in Greece after being sentenced last month
The founder of the commercial spyware firm Intellexa, recently convicted in a landmark wiretapping trial …
Scanner, which helps organizations build cloud-native security data lakes for threat hunting, detection, and response, raised a $22M Series A led by Sequoia
The company connects AI agents to security data lakes for interactive investigations, detection engineering, and autonomous response.
Indian edtech startup upGrad plans to acquire rival Unacademy in an all-stock deal; Unacademy was valued at less than $500M in 2025, down from $3.5B in 2021
Unacademy, once a one of India's most valuable edtech startups, is set to be acquired by rival upGrad in an all-stock deal …
San Francisco's housing market is seeing a big rebound, driven by the AI boom; Apartment List says rents rose 14% YoY in February, the fastest growth in the US
After a yearslong slump, there's now a real-estate frenzy. 'It's just skyrocketed,' says one house hunter.
TSMC's N3 logic wafer capacity has become one of the AI industry's biggest constraints, which could push customers to explore greater foundry diversification
TSMC N3 Wafer Shortages, Memory Constraints, Datacenter Bottlenecks, Supply Chain Wars Winner — Ivan Chiam, Myron Xie, Ray Wang, and 3 others
Zendesk agrees to acquire Forethought, which makes AI-powered customer support software, for an undisclosed sum; Forethought has raised $115M
Zendesk is acquiring Forethought, a company that builds software to automate customer service interactions, the companies announced on Wednesday.
A preview of Nvidia's 2026 GTC, which kicks off on March 16, where the company is expected to unveil new agentic-optimized CPUs, a CPU-only rack, and more
Nvidia's graphics processing units have been the hottest-selling chips for years, but the sudden advent of agentic artificial intelligence …
A survey of 1,000 hiring managers: 59% say they stress AI's role in layoffs or hiring freezes “because it plays better”; only 9% say AI has fully replaced roles
Whatever you think about whether artificial intelligence is coming for your job, it has already mastered one corporate skill: hogging the credit.
An excerpt from the upcoming book Project Maven details how the Pentagon enlisted Silicon Valley to build AI-powered tools of war, now being used in Iran
An excerpt from the coming book Project Maven shows how the US enlisted Silicon Valley in its vision for AI warfare, now playing out in Iran.
Palantir software demos and DOD records show how the military may be using AI chatbots, including the kinds of queries and the data used to generate responses
www.wired.com/story/palant...Forums:r/Military:Palantir Demos Show How the Military Could Use AI Chatbots to Generate War Plans
Kaiko: cumulative trading volume on crypto exchange Hyperliquid's perpetual oil futures surged to ~$7.3B on March 12 from $339M on February 28 amid the Iran war
A new generation of investors doesn't want to wait for the traditional market open — While traditional energy investors spent …
Mobile internet blackouts hit Moscow as the Kremlin tightens control; Roskomnadzor data shows average daily traffic is down ~20% in March compared to February
Adobe will pay a $75M fine and provide $75M in free services to users to resolve a US government lawsuit accusing it of concealing termination fees, and more
Singapore-based MetaComp, which bridges traditional fiat payment rails and stablecoin settlement infrastructure, raised $35M across two pre-Series A rounds
The US Army awards Anduril a 10-year contract worth up to $20B to buy its software, hardware, and services; the deal includes a 5-year optional ordering period
A US government website shows the Commerce Department withdrew a planned rule tightening AI chip exports; a draft was sent to agencies for feedback in February
The U.S. Department of Commerce on Friday withdrew a planned rule on AI chip exports, according to a government website.
A survey of 1,692 US physicians: over 80% use AI professionally and the most common use cases are medical research summarization and clinical care documentation
CHICAGO — New research from the American Medical Association's Center for Digital Health and AI shows that physicians' adoption …
Meta says Instagram will no longer support end-to-end encrypted messages starting May 8, saying “very few people” were using E2EE in their DMs
Sources: Elon Musk pushed out two more xAI co-founders after getting frustrated with xAI's coding product progress and brought in “fixers” from SpaceX and Tesla
Takeaways from the 2026 Game Developers Conference: a high volume of job seekers amid layoffs, AI was the hot buzzword, more outsourcing than ever, and more
GDC in San Francisco this week was full of job-seekers, co-development studios and AI — Hi everyone.LinkedIn:Jason Schreier.Forums:r/GamesLinkedIn:Jason Schreier:I spent the week in San Francisco at...
An interview with SemiAnalysis CEO Dylan Patel on logic, memory, and power bottlenecks in scaling AI compute, Nvidia securing TSMC N3 allocation early, and more
Plus, why an H100 is worth more today than 3 years ago — Dylan Patel, founder of SemiAnalysis, provides a deep dive …