Amazon has announced its decision to close its Machine Learning division in Romania (AGI Data Services), affecting approximately 400 employees. The layoffs are expected to take effect starting January 1, 2025. The move comes as part of the company’s broader operational adjustments.
Amazon has announced its decision to close its Machine Learning division in Romania (AGI Data Services), affecting approximately 400 employees. The layoffs are expected to take effect starting January 1, 2025. The move comes as part of the company’s broader operational adjustments.
European Union regulators are exploring the possibility of calculating potential fines for Elon Musk’s X platform (formerly Twitter) by factoring in revenue from Musk’s other companies, such as SpaceX, Neuralink, xAI, and the Boring Company, according to a Bloomberg report published today.
Amazon is facing widespread employee resignations following its recent decision to require staff to return to the office five days a week starting January 2025. This decision reverses the previous hybrid work model that allowed three days of in-office work and has
Reddit, the popular social news and discussion website, has recently introduced a policy change that significantly impacts the ability of subreddit moderators to organize large-scale protests. The new rule requires moderators to obtain admin approval before switching a subreddit from public to
As artificial intelligence (AI) technology rapidly evolves, it is revolutionizing the business world, bringing about an era where machines play a pivotal role. This transformation is reshaping the way businesses operate, necessitating a strategic approach to adapt and thrive. This article explores
Three high-profile executives at OpenAI, the company behind ChatGPT, announced their departures on Wednesday. These include Chief Technology Officer Mira Murati, VP of Research Barret Zoph, and Chief Research Officer Bob McGrew. The resignations mark the latest in a series of executive
Revolut Bank UAB the digital banking platform is set to officially launch its Romanian branch in December. This transition will involve migrating all existing Revolut accounts in Romania from IBANs provided by a local partner to IBANs issued by the newly established
Some might question whether the latest advancements in AI genuinely have the potential to transform the enterprise market on a fundamental level. With innovations and new technologies emerging, it’s worth exploring whether these cutting-edge developments can significantly reshape business operations, drive competitive
The German federal government has approved a new project to relaunch its electric vehicle subsidy program. Set to take effect next year, this revamped program aims to breathe new life into Germany’s struggling electric car market. The German government plans to allocate
The tech industry’s job market remains turbulent in 2024, with major companies continuing to reduce their workforces. According to Layoffs.fyi, 422 tech companies have laid off 136,782 employees as of August 30, 2024. Recent Layoffs by Major Tech Companies Driving Factors The