Dune analytics cuts 25 percent of workforce in ai pivot

Dune Analytics is restructuring around artificial intelligence and enterprise clients. The firm is reducing its staff by 25 percent to support this shift.

Dune Analytics has begun cutting a quarter of its workforce. The changes are part of a plan to focus on artificial intelligence tools and institutional customers rather than its previous priorities.

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Coinbase CEO Brian Armstrong announces layoffs for AI efficiency and crypto market reset at 2026 press conference.
AI द्वारा उत्पन्न छवि

Coinbase cuts 14% of staff for AI and market reset

AI द्वारा रिपोर्ट किया गया AI द्वारा उत्पन्न छवि

Coinbase announced a restructuring plan on May 5, 2026, cutting about 700 employees, or 14% of its workforce. CEO Brian Armstrong attributed the move to cryptocurrency market volatility and artificial intelligence-driven productivity gains. The changes aim to create a leaner, AI-native organization ahead of Q1 earnings on May 7.

Oracle reduced its workforce by 21,000 employees over the past year as it invests heavily in artificial intelligence infrastructure. The company attributed the cuts in part to the adoption of AI technologies in its operations.

AI द्वारा रिपोर्ट किया गया

A majority of chief executives are bracing for job cuts linked to artificial intelligence, new findings indicate.

Google DeepMind is partnering with independent film studio A24 in a multiyear deal worth $75 million to develop new AI tools for movie production. The investment will support A24's Labs team in creating assistive technologies, starting with AI-generated storyboards. The tools will be available to A24 filmmakers and contribute to Google's broader AI ecosystem.

AI द्वारा रिपोर्ट किया गया

More than 200 global experts including Eric Schmidt, Reid Hoffman and Joseph Stiglitz have signed a letter calling for urgent steps to address artificial intelligence's effects on employment.

Over the past few months, Anthropic’s Claude generative AI tool was removed from internal systems for Hong Kong-based teams at JPMorgan and Goldman Sachs.

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