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Keywords: AI industry
A Swedish technology startup operating in the artificial intelligence sector has introduced an unusual salary policy: an automatic 10% pay increase for all employees every year on their work anniversary. The company, Lovable, founded in 2023, is part of a fast-growing wave of European AI firms competing......
A senior South Korean presidential aide has suggested that part of the extraordinary profits generated by the country’s semiconductor boom could be shared more broadly across society, as the rapid growth of the artificial intelligence sector reshapes the national economy. Kim Yong-beom, senior......
Anthropic has overhauled its enterprise pricing model for Claude, replacing fixed per-seat subscriptions with lower access fees tied to mandatory usage commitments. The change reflects growing pressure on computing capacity and is expected to raise total costs for many corporate customers, according......
In an unprecedented move highlighting the intersection of artificial intelligence and cryptocurrency, Microsoft has entered a five-year, US$17.4 billion agreement with Netherlands-based Nebius to supply GPU infrastructure for AI operations. The deal, which could expand to US$19.4 billion, underscores......
In a dramatic pivot, Intel has announced a significant reduction in its workforce, shedding 15,000 jobs, amounting to over 15% of its current employees. In a memo dispatched to employees on Thursday, the tech giant disclosed this substantial workforce cut as part of a broader strategy to reduce expenditures......