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Wix Reduces Workforce by 20% Amid Strong Shekel and Rising AI Competition

Wix Reduces Workforce by 20% Amid Strong Shekel and Rising AI Competition
  • The Next Web
  • Posted by The Next Web
May 29, 2026

Wix Reduces Workforce by 20% Amid Strong Shekel and Rising AI Competition

Wix has announced its largest-ever layoff, cutting approximately 20% of its workforce due to challenges posed by a strong shekel and increased AI competition. The restructuring aims to streamline operations as the company navigates these external pressures.

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Amazon Revolutionizes Data Center Performance with a Critical Networking Breakthrough
  • Wired
  • Posted by Wired
May 29, 2026

Amazon Revolutionizes Data Center Performance with a Critical Networking Breakthrough

Amazon has achieved a significant technical breakthrough in its data center networking, substantially increasing the speed of information flow within its cloud infrastructure. This development is seen as crucial for the future growth and efficiency of its massive data centers.

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Illinois Enacts Nation's Most Rigorous AI Safety Legislation
  • Wired
  • Posted by Wired
May 29, 2026

Illinois Enacts Nation's Most Rigorous AI Safety Legislation

Illinois passed a leading AI safety law requiring major AI firms to undergo third-party safety audits, with Governor Pritzker poised to sign the bill. This move sets a high standard for AI regulation in the U.S.

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Top 12 Highlights from Google I/O 2026 You Shouldn't Miss
  • google
  • Posted by google
May 29, 2026

Top 12 Highlights from Google I/O 2026 You Shouldn't Miss

Google I/O 2026 unveiled some of the year's most exciting tech advancements, including Gemini Omni and Gemini 3.5 Flash. This recap covers 12 major highlights from the keynote, showcasing Google's latest innovations and technological strides.

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From DIY AI Strategy to Hiring Success: How One Role Transformed Our Agency's Growth
  • Inc.
  • Posted by Inc.
May 29, 2026

From DIY AI Strategy to Hiring Success: How One Role Transformed Our Agency's Growth

An agency's journey from struggling with a do-it-yourself AI approach to hiring a key role that revolutionized its client delivery and growth strategy with AI, highlighting the importance of strategic roles in scaling innovation.

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CNN Files Lawsuit Against Perplexity AI Over Unauthorized Use of 17,000+ Content Pieces
  • Fast Company
  • Posted by Fast Company
May 29, 2026

CNN Files Lawsuit Against Perplexity AI Over Unauthorized Use of 17,000+ Content Pieces

CNN has sued Perplexity AI for allegedly copying and using over 17,000 pieces of its copyrighted content without permission. The lawsuit also cites trademark violations and points to failed negotiations between the companies. CNN seeks damages and restitution as the case marks its first legal battle against an AI firm.

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24 Companies Share Their Journey of Automation Evolution
  • Fast Company
  • Posted by Fast Company
May 29, 2026

24 Companies Share Their Journey of Automation Evolution

Leaders from 24 companies discuss how automation has evolved from simple task efficiency to an integral part of strategic operations that enhances fairness, supports human judgment, and accelerates innovation across various industries.

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Microsoft Enhances AI Copilot with User-Centered Simplification
  • Fast Company
  • Posted by Fast Company
May 29, 2026

Microsoft Enhances AI Copilot with User-Centered Simplification

Microsoft is streamlining its AI Copilot to create a faster, simpler, and more user-friendly experience across Microsoft 365 apps. New leadership is focusing on aligning the product with actual user needs, reducing interface clutter, and providing adaptive AI features that enhance productivity. Early trials report increased usage, with the update prioritizing both usability and security, addressing expectations for enterprise and consumer users alike.

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Nearly Half of CEOs Prioritize Upskilling and Reskilling to Navigate AI-Driven Workforce Changes
  • Fast Company
  • Posted by Fast Company
May 29, 2026

Nearly Half of CEOs Prioritize Upskilling and Reskilling to Navigate AI-Driven Workforce Changes

A global survey reveals that nearly half of CEOs are focusing on upskilling and reskilling their workforce to keep pace with rapid AI advancements. While AI investments surge, regulatory frameworks lag, and CEOs face challenges in bridging skill gaps. Many are redesigning roles to blend human and AI strengths and integrating learning into everyday work, all while managing broader risks like geopolitical tensions and financial resilience.

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Knower Tech Appoints Prebid's Racic to Lead New AI-Driven Data Curation Service for Marketing Teams
  • digiday
  • Posted by digiday
May 29, 2026

Knower Tech Appoints Prebid's Racic to Lead New AI-Driven Data Curation Service for Marketing Teams

Knower Tech has named Racic, previously with Prebid, to direct a new data vertical that combines various data tools into a cohesive, AI-enhanced platform. The service targets marketing teams and agencies on both buy and sell sides, aiming to enhance their analytics and strategic capabilities.

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AutoTTS: AI-Powered Optimization Cuts Token Usage by Nearly 70% in Language Model Reasoning
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

AutoTTS: AI-Powered Optimization Cuts Token Usage by Nearly 70% in Language Model Reasoning

Researchers developed AutoTTS, an AI-driven system that automates test-time scaling strategies for large language models. AutoTTS slashes token usage by nearly 70% without losing accuracy by discovering advanced policies for compute allocation during reasoning. This breakthrough surpasses manual methods, delivering cost savings and improved model performance on real benchmarks, making custom AI optimization accessible for enterprises.

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Mistral AI Unveils Vibe, Expands into Industrial AI, and Boosts Data Center Capacity to Rival OpenAI
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

Mistral AI Unveils Vibe, Expands into Industrial AI, and Boosts Data Center Capacity to Rival OpenAI

Mistral AI announced a bold expansion featuring Vibe, an advanced AI assistant platform, new industrial AI tools for aerospace and automotive sectors, and a €4 billion data center initiative in Europe. With 1,000 employees and €1 billion revenue goals by 2026, the company aims to offer secure, on-premises AI solutions combining cutting-edge models and proprietary infrastructure, positioning itself as a key player challenging US AI giants on enterprise sovereignty and vertical integration.

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Anthropic Launches Claude Opus 4.8 with Faster, Cheaper Performance and Enhanced Alignment
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

Anthropic Launches Claude Opus 4.8 with Faster, Cheaper Performance and Enhanced Alignment

Anthropic's Claude Opus 4.8 enhances its AI offering with a threefold cheaper fast mode, improved benchmark scores, and near-Mythos grade alignment. It introduces dynamic workflows for large-scale coding and refined user control over response effort, positioning it as a cost-effective, honest, and robust option for enterprise AI applications.

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DeepSeek's Breakthrough Architecture Undercuts Silicon Valley's AI Pricing Stronghold
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

DeepSeek's Breakthrough Architecture Undercuts Silicon Valley's AI Pricing Stronghold

DeepSeek has permanently cut costs on its AI models, offering near-top-tier performance at a fraction of the usual price, thanks to innovative hardware-software design. This shift challenges Silicon Valley's AI pricing, enabling cheaper, efficient enterprise AI usage and signaling a structural market change.

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Figma Make Advances as a Visual Code Editor with Two-Way GitHub Sync and Enterprise Governance
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

Figma Make Advances as a Visual Code Editor with Two-Way GitHub Sync and Enterprise Governance

Figma has evolved Figma Make from a prototyping tool into a live visual code editor with two-way GitHub integration and strong enterprise governance. It enables designers and product managers to directly edit app code within Figma while maintaining rigorous engineering workflows. Positioned for established teams, this upgrade addresses emerging "vibe coding" trends by merging design fidelity with production code, helping Figma stay competitive amid AI-driven changes in software development.

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Leveraging SQL Query Logs to Enhance AI Accuracy in Data Joins
  • Venturebeat
  • Posted by Venturebeat
May 29, 2026

Leveraging SQL Query Logs to Enhance AI Accuracy in Data Joins

DataHub’s new Context Intelligence leverages historical SQL query logs to provide AI agents with the necessary context to reduce errors in querying large, complex data environments. By filtering and structuring validated queries into semantic anchors, and incorporating human oversight, this innovation helps AI accurately interpret data relationships and business intent, enhancing effectiveness and reliability in enterprises like Miro.

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money rocket
  • Crunchbase
  • Posted by Crunchbase
May 28, 2026

Capchase Secures $200M in Funding to Revolutionize B2B Vendor Financing

Capchase has raised $200 million to expand its AI-powered vendor financing platform, enabling flexible payment terms for B2B tech companies while providing upfront payments. The fintech’s technology automates credit decisions and order processing in seconds, driving rapid growth and market expansion beyond North America and Europe into Australia.

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Snowflake Secures $6B Chip Supply Deal with AWS to Boost AI Capacities
  • TechCrunch
  • Posted by TechCrunch
May 28, 2026

Snowflake Secures $6B Chip Supply Deal with AWS to Boost AI Capacities

Snowflake has entered into a significant five-year, $6 billion deal with Amazon Web Services to procure AI chips, positioning itself as a strong competitor to Nvidia in AI technology.

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Payroll Startup Remote Boosts Revenue Per Employee by 50% Through AI, Achieves $300M ARR and Positive Cash Flow
  • TechCrunch
  • Posted by TechCrunch
May 28, 2026

Payroll Startup Remote Boosts Revenue Per Employee by 50% Through AI, Achieves $300M ARR and Positive Cash Flow

Remote, a payroll startup, significantly increased its revenue per employee by 50% through AI adoption, surpassing $300 million in annual recurring revenue and achieving cash-flow positivity without adding staff.

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Security Flaw on UK Visa Portal Exposes Sensitive Applicant Data, Legal Threats Follow
  • TechCrunch
  • Posted by TechCrunch
May 28, 2026

Security Flaw on UK Visa Portal Exposes Sensitive Applicant Data, Legal Threats Follow

A third-party UK visa application site leaked passports, selfies, and location details of applicants. Instead of resolving the breach, the site opted to send lawyers to those who highlighted the problem, raising serious privacy and legal concerns.

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