Sunday, February 1, 2026

Is ‘AI-washing’ behind new wave of tech layoffs?

Companies are increasingly pointing to artificial intelligence when announcing job cuts, alongside more traditional reasons such as weak finances or overhiring. AI was mentioned in over 50,000 layoffs in 2025, with firms like Amazon, Pinterest and HP linking cuts to future AI-driven changes. Critics warn some companies may be using “AI-washing” to justify cost-driven layoffs.

from Tech-Economic Times https://ift.tt/1PYTNaJ

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OpenAI Foundation outlines $1 billion push, expands leadership team

OpenAI has committed at least $1 billion over the next year as part of recapitalisation efforts for its Foundation. The investment is aimed ...