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AI News

News reporting focused on AI and machine learning, covering the companies behind these technologies, their real-world applications, and the ethical concerns they raise. This includes areas like generative AI (large language models, text-to-image and video), speech tech, and predictive analytics.

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8 articles
Industry

Monday.com Joins Tech Layoff Trend Citing AI as Factor

Monday.com announced it will lay off about 20% of its workforce, or over 600 employees, citing a restructuring tied to its AI-driven growth strategy. The Tel Aviv-based work management software company joins a growing list of major tech firms, including Amazon, Meta, and Microsoft, that have cited artificial intelligence as a factor in job cuts this year. A new Financial Times analysis shows U.S. tech companies have slashed nearly 140,000 jobs since January, with AI often cited as a reason.

Jul 2612 minNeura News
Industry

California Governor Signs Executive Order to Protect Workers from AI Job Loss

California Governor Gavin Newsom signed the first executive order by a U.S. governor aimed at shielding workers from AI-driven job displacement. The order directs state agencies to work with researchers, unions, and the AI industry on strategies including subsidies for companies that keep employees, expanded retraining for office workers, and a review of universal basic capital. Newsom cited predictions that half of all office jobs could vanish within five years and criticized the tax system for rewarding automation over hiring.

May 224 minNeura News