Oracle Cuts Jobs for AI Spending

SpaceX is officially kicking off the year of the biggest IPOs ever. More job cuts and more signs AI is the cause, in one way or another. Microsoft makes its first public moves to divorce itself from OpenAI when it comes to AI models. And a billion-dollar company with only two employees? You guessed it: AI is why.

• SpaceX Has Filed Confidentially for IPO Ahead of AI Rivals (Bloomberg)
• Larry Ellison’s Oracle cuts thousands of jobs after AI push (The Times of London)
• US Job-Cut Announcements in Tech Keep Rising With AI Adoption (Bloomberg)
• Cloudflare launches EmDash — the 'spiritual successor' that wants to take on WordPress (Tech Radar)
• Alibaba Unveils Third Closed-Source AI Model in Focus on Profit (Bloomberg)
• Microsoft launches 3 new AI models in direct shot at OpenAI and Google (VentureBeat)

Weekend Longreads Suggestions:

• How A.I. Helped One Man (and His Brother) Build a $1.8 Billion Company (NYTimes)
• AI Perfected Chess. Humans Made It Unpredictable Again (Bloomberg)

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