Latest AI News
AI is Dismantling Both Big Tech and Indian IT Jobs—But Differently
Meta and Microsoft eliminated 23,000 positions in a single day, but Indian IT is pulling back more quietly, more conditionally.
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OpenAI Falls Short of Revenue and User Targets as It Races Toward IPO, WSJ Reports
OpenAI has fallen short of its goals for new users and revenue in recent months, sparking concern among some company leaders over whether it can support its extensive data-center spending, the Wall Street Journal reported on Monday, citing people familiar with the matter.
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Lovable’s Vibe Coding Platform Is Now Available as an Android and iOS App
Lovable, the popular artificial intelligence (AI)-powered full-stack coding platform, launched its mobile app on Monday. Available on both the Play Store and the App Store, the app brings vibe coding capabilities to smartphones and lets users generate websites and apps on the go. While the mobile app does not come with the full functionality of the website, users can still prompt their ideas, preview the results, and iterate on them. The startup has also added cross-platform support, allowing users to switch between the app and the website without a hitch.
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Tech Layoffs Surge: March Worst Month in Two Years as Companies Slashed 38,000 Jobs, Layoff Tracker Claims
Tech companies across the globe are working to integrate AI-powered tools into their daily workflows, citing higher efficiency and lower costs. This appears to be a great proposition for the tech firms, who can increase their margins, increase their profits, and keep their shareholders happy, even if they record the same revenue every quarter, year after year. However, this unprecedented AI adoption has led to massive layoffs across the industry. Another phenomenon fueling the dismissals is the mass pandemic-era hiring, when the blue-collar employees at tech firms ballooned exponentially.
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TSMC Sells Over 1 Mn Arm Shares, Lets Go of All Stake
The filing shows a full exit from the Arm investment with a $174 million impact on retained earnings.
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Lovable Launches Mobile App for iOS & Android, Brings Vibe-Coding to Smartphones
The new app allows users to build AI-powered applications using voice or text prompts while adhering to Apple’s evolving rules for code-generating platforms.
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OpenAI Brings GPT-5.5 & Codex to AWS as Microsoft Exclusivity Ends
OpenAI models will be accessible via Amazon Bedrock, allowing customers to build applications using existing AWS services and governance systems.
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Why Developers are Abandoning GitHub Again
“Github has been down for most of the day. I'm so tired of this. Never been so ready to move on.”
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GitHub Changes Copilot Pricing To Usage-Based Model Starting June
GitHub said the change is intended to align pricing with actual usage.
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AWS Launches Desktop AI Assistant That Connects Apps and Data
Amazon Quick connects with tools such as Google Workspace, Microsoft 365, Salesforce, Zoom, Slack, and Jira.
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Can Gujarat Lure GCC Elites Away from Bengaluru and Hyderabad?
Gujarat is now seeing growing interest from global firms willing to establish primary operations directly in the state.
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At his OpenAI trial, Musk relitigates an old friendship
Among the most interesting parts of Elon Musk’s testimony Tuesday in his lawsuit against OpenAI wasn’t the charity he claims was stolen from him (we all knewthat was coming). It was about an old friend. Musk testified that one of his core motivations for co-founding OpenAI was a falling out with Google’s Larry Page over AI safety — specifically, a conversation in which Musk raised the prospect of AI wiping out humanity and Page shrugged it off as “fine,” so long as AI itself survived. Page called Musk a “speciest” for being “pro human.” Musk called the attitude “insane.” That’s mostly notable given how close the two once were. Fortune included them on its 2016 list of secretly best-friend business leaders; Musk was so comfortable with Page that he regularly crashed at his Palo Alto home. Page once told Charlie Rose that he’d rathergive his money to Muskthan to charity. The friendship didn’t survive OpenAI. When Musk recruited Google AI star Ilya Sutskever to help launch the company in 2015, Page felt personally betrayed and cut off contact. It’s a story Musk has told before — including to author Walter Isaacson for his bestselling biography of Musk — but Tuesday was the first time he said it under oath. Page hasn’t commented, and it’s worth remembering everything that Musk said was in service of a lawsuit. Still, as recently as 2023 he told tech podcaster Lex Fridman he wanted to patch things up: “We were friends for a very long time.”
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