A new report says Tesla has sent a memo to employees stating it plans to lay off over 10 percent of its total global workforce. The electric car maker has seen its sales go down in recent months.
Tesla has joined the litany of companies that have conducted sweeping layoffs in recent times. First reported by Electrek and since corroborated by Reuters the Washington Post and the New York Times, the company is firing "more than 10 percent" of its workforce; the company had more than 140,000 employees as of December 2023. The publication saw an internal memo noting the percentage, though it didn't state the exact number of jobs affected. A source also told Reuters that some staffers have...
"Cost reductions and increased productivity" needed, says Musk.
A report from the National Shooting Sports Foundation (NSSF) indicates Americans own over 700 million ammunition magazines with a greater than ten-round capacity.
After reporting dismal first-quarter sales, Tesla is planning to lay off about a tenth of its workforce as it tries to cut costs, multiple media outlets reported Monday.
French tech startup Mistral AI has been speaking to investors about raising several hundred million dollars at a valuation of $5 billion, The Information reported on Tuesday. It's unclear which investors Mistral has spoken to about a new funding round, the report said, citing a person with direct knowledge of the matter. Mistral's existing investors include Andreessen Horowitz, Lightspeed Ventures and Microsoft Corp, which has also backed AI startup OpenAI. Mistral did not immediately respond...
Report: Bad Actors Are Tapping AI for Cyber Attacks, But AI Also Can Be Part of the Solution Artificial intelligence (AI) and machine learning have become key tools in the cat and mouse game of cybersecurity and cyber attacks, according to a report from cybersecurity firm ReliaQuest. The ReliaQuest Annual Threat Report explains that bad actors are using Telecompetitor
Cleveland Cliffs plant set to idle this Saturday.
The seventh-annual report on the global state of artificial intelligence from Stanford University's Institute for Human-Centered Artificial Intelligence offers some concerning thoughts for society: the technology's spiraling costs and poor measurement of its risks. According to the report, "The AI Index 2024 Annual Report," published Monday by HAI, the cost of training large language models such as OpenAI's GPT-4 -- the so-called foundation models used to develop other programs -- is...
Dropzone AI announced a $16.85 million Series A round led by Theory Ventures to help bring its cybersecurity AI agents to market.
A shooting happened Thursday morning in downtown Durham. Nobody was injured, but a corresponding false alarm created some anxiety in the area.
The Berwyn, Pa.-based firm has been dogged by activist investors and