Cloudflare cuts 1,100+ jobs despite beating Q1 earnings. CEO Matthew Prince cites a 600% surge in AI agent use as the catalyst for this "AI-first" metamorphosis.
Silicon Valley
Anthropic commits $200B to Google Cloud as the "Big Four" reach a $2T revenue backlog. Discover how AI startups are tethered to their own investors.
OpenAI and Anthropic are pivoting from API sales to $10B private equity alliances. Discover how Wall Street is becoming the ultimate AI system integrator.
Oracle has initiated its largest layoff in history, cutting up to 30,000 jobs to pivot $10B toward AI infrastructure amid a 50% stock decline and rising debt.
Meta acquires Manus, the AI agent startup that hit $100M in revenue in 8 months. Zuckerberg is moving from chatbots to autonomous "digital employees."
OpenAI hires Slack CEO Denise Dresser as CRO to spearhead revenue strategy. Her mission: scale enterprise adoption and solve the company's urgent profitability puzzle.