Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties
Tel Aviv-based web development company Wix cuts ~20% of its workforce, citing the “fast evolution of AI capabilities” and currency exchange rate difficulties
Israel-based web development company Wix is slashing roughly 20% of its workforce, CEO Avishai Abrahami announced …
Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026
Sources: Wix is expected to cut ~1,000 jobs in the coming months, or ~20% of its workforce, after weak Q1 earnings and a ~50% collapse of its stock in 2026
The company will reduce roughly 20% of its workforce after a steep stock decline and rising AI-related costs.
Investors are increasingly divesting from companies they fear are at risk of AI disruption, like Wix and Shutterstock, which are down at least 30% in 2025
Artificial intelligence's imprint on US financial markets is unmistakable. Nvidia Corp. is the most valuable company in the world at nearly $4.5 trillion.
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
SemiAnalysis : X: @staysaasy , @lefttailguy , @blader , and @mjolley22 X: @staysaasy : @blader To put it in another context: If these guys were Sole Proprietorships or single person LLCs, they'd be p...
A look at Meta's revamped GenAI strategy, as Mark Zuckerberg poaches top AI talent for the Superintelligence team with a typical offer of $200M over four years
Meta's shocking purchase of 49% of Scale AI at a ~$30B valuation shows that money is of no concern for the $100B annual cashflow ad machine. X: @staysaasy , @lefttailguy , @blader , and @mjolley22 X: ...
Wix acquires Base44, which lets users build apps from text prompts, for $80M; Base44 was founded by a solo entrepreneur six months ago and employs six people
31-year-old Maor Shlomo built the viral AI app-maker as a side project that began last year during a post-reserve trip.
WordPress.com launches an AI tool to help users build simple websites using a chat interface, available to users for free, to compete with Squarespace and Wix
Hosting platform WordPress.com on Wednesday launched a new AI website builder that allows anyone to create a functioning website using an AI chat-style interface.
Q&A with GoDaddy CEO Aman Bhutani on running the company since 2019, competing with Squarespace, Wix, and more, AI, social media, the Airo service, and more
Nilay Patel / The Verge :