Entrepreneurship is spreading beyond traditional startup hubs as founders rethink where to build. New data shows how remote work and housing costs are reshaping growth.
Volkswagen reportedly wants to cut 100,000 jobs, about 15% of its workforce, and close German plants. It would be the biggest overhaul in the carmaker’s history, and the unions are vowing to fight. Europe’s car industry is shrinking, and its biggest na…
California has built the first state tool to watch for AI wiping out jobs. The early read: no mass layoffs yet, but warning signs are flashing in the Bay Area and among college-educated workers. Everyone argues about whether AI is killing jobs. Almost …
OpenAI, Anthropic, Amazon and Microsoft are bankrolling a new nonprofit to retrain American workers for the AI economy. RAISE US, led by Gina Raimondo, has already raised more than $500m. The biggest names in AI agree on at least one thing. The technol…
Scaled Cognition has raised $100M led by Khosla Ventures to build AI that does not hallucinate. The startup says its model will not give a wrong answer, a bold claim in a field built on probability. Scaled Cognition, a Mountain View AI lab, has raised …
Hyundai workers have voted overwhelmingly to authorise a strike, and for the first time robots are part of the fight. A Hyundai robot strike would test who controls the factory floor as humanoid machines arrive. South Korea’s largest carmaker is headin…
By 2028, the AI tools a developer uses could cost more than the developer’s salary, Gartner warns. AI coding costs are climbing fast, and most companies cannot even see what they are spending. The AI coding boom has a bill, and it is growing fast. By 2…
Oracle’s global workforce fell to 141,000 full-time employees as of 31 May 2026, down from 162,000 a year earlier, a net reduction of roughly 21,000 people. The company’s annual regulatory filing stated plainly that “the adoption and deployment of AI t…
JD.com robots will eventually replace the company’s 700,000 couriers, its founder says. It is a rare admission that automation is coming for blue-collar jobs. Most tech bosses hedge when asked whether machines will take people’s jobs. Richard Liu just …
In a blunt interview, Satya Nadella warned that the AI giants cannot keep promising mass job losses while demanding the power to build whatever they want. Microsoft’s answer: cheaper models, more control for customers, and a pitch for the public’s trus…