Allianz to cut up to 1,800 jobs as AI takes over call-centre work

The job that AI seems keenest to take is the one on the other end of the phone. Allianz, the German insurance giant, is preparing to cut as many as 1,800 roles in its travel arm as automated systems t [...]

Dimon says AI already eliminated 30 to 40 percent of jobs in some JPMorgan divisions

JPMorgan Chase has cut jobs by as much as 40 percent in some parts of the bank using artificial intelligence, CEO Jamie Dimon told analysts during the company’s second-quarter earnings call on Tuesd [...]

Microsoft is killing its AI mascot, ten months after building it

The cull lands on Tuesday. Group Chat, Podcasts, Copilot Labs and consumer Deep Research all retire that day, according to Microsoft’s own support page. Mico goes at the same time, out of the voice [...]

Exclusive: Optiak raises €4m to build an orchestration layer for enterprise AI

Optiak, a startup building what it calls a modular operating system for enterprise AI, has come out of stealth with a €4m pre-seed round, about $4.7m, led by Market One Capital, Next Tier Ventures, [...]

OpenAI launches ChatGPT Work, an agent built to finish the job

OpenAI has spent two years telling people that ChatGPT can answer almost anything. With its latest release, it wants ChatGPT to finish the job instead. The company has introduced ChatGPT Work, an agen [...]

DJI Neo 2 review: The best budget drone is now even better

Even with its US future in limbo, DJI keeps releasing impressive drones. Its latest is the Neo 2, an inexpensive, lightweight model aimed at creators and hobbyists. It’s an upgraded version of the N [...]

OpenAI just acquired the consulting firm it was born alongside. The model company is now the services company.

  Tomoro was created in 2023 in alliance with OpenAI. The Edinburgh and London-based firm built AI concierges for Virgin Atlantic, in-game support agents for Supercell, and deployment systems for Fid [...]

ByteDance and Oracle are using Arm’s in-house AGI CPU, completing the hyperscaler-x86 exit

Arm CEO René Haas confirmed at Computex that ByteDance and Oracle have joined Meta as customers for Arm’s own data-centre CPU, validating the company’s shift from licensor to silicon vendor. Arm [...]

McKinsey’s new AI report argues the productivity payoff is real but conditional

The firm’s new ‘AI productivity gains and the performance paradox’ report concludes that most current AI applications ‘accelerate existing work’ without redesigning workflows, a finding McKi [...]