Kraken cuts 150 staff amid AI efficiencies, potentially delaying IPO: Report
Kraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.
Crypto Briefing·
The trial's outcome could redefine nonprofit commitments in tech, impacting AI industry structures and investor confidence in mission-driven ventures. The post Elon Musk and Sam Altman face off in OpenAI lawsuit trial appeared first on Crypto Briefing.
Read full articleKraken has cut 150 staff due to the rising use of AI, adding to more than 5,000 layoffs across the crypto sector so far this year, Bloomberg reports.
OpenAI is planning to launch a legal AI offering, joining Anthropic and Microsoft in the strategy of providing legal-specific tools for lawyers. Sources told Artificial ...
AI's rapid advancement in finance reshapes job roles, emphasizing AI collaboration skills over traditional technical expertise, impacting market dynamics. The post Citadel CEO Ken Griffin says AI agents complete complex finance tasks in days appeared first on Crypto Briefing.
Bitget’s unified artificial intelligence (AI) trading platform has crossed 1 million users and recorded more than $1.2 billion in cumulative trading volume across 58 AI-powered tools, the exchange revealed this week. Bitget Launches Unified AI Trading Ecosystem The platform, now branded Bitget AI, combines market analysis, strategy execution, and risk management into a single infrastructure […]
Elon Musk’s legal challenge could derail the AI start-up’s commercial ambitions
Executive education increasingly focuses on decision-making amid shifting technological capabilities
The rapid automation of white-collar jobs could reshape workforce dynamics, emphasizing the need for regulatory adaptation and skill evolution. The post Microsoft AI CEO Mustafa Suleyman predicts full automation of white-collar work in 18 months appeared first on Crypto Briefing.
Kioxia's profit surge highlights the transformative impact of AI-driven demand on the semiconductor industry, potentially reshaping market dynamics. The post Kioxia shares surge in buy orders after record profit forecast blows past estimates appeared first on Crypto Briefing.