AWS Blog Intuit plans to cut workforce by about 17% as tax software maker reckons with slowing growth
Intuit's stock has been hammered this year as investors worry that generative artificial intelligence models could threaten software companies.
CNBC Articles
Updated 11 min ago · 5 articles from CNBC
OpenAI takes the lead in AI IPO horse race: 'Getting to public markets first is very important'
It comes after reports that the AI giant and ChatGPT owner is set to file confidentially for an IPO as soon as this week.
Cheap AI could derail OpenAI and Anthropic's IPOs
Chinese AI labs are matching American frontier capability at a fraction of the cost.
OpenAI to confidentially file for IPO as soon as Friday: Source
OpenAI is working with banks including Goldman Sachs and Morgan Stanley.
Bezos says 2-3 year timeline for space data centers is a 'little ambitious'
Space companies are racing to make data centers in space a reality, as artificial intelligence skyrockets demand for energy and land resources.