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OpenAI clears restructuring hurdle, unlocking $40B SoftBank-led funding and setting stage for IPO
Youtube· 2025-10-29 11:38
idea that AI will not replace jobs is being put to the test today. First, CHEG announcing it will lay off 45% of its workforce, blaming the quote new realities of AI. We should note CHEG is a very small market cap company these days.Then there's the biggie, Amazon. The company announcing it's slashing approximately 14,000 jobs. And while they don't chalk it up explicitly to artificial intelligence, they do emphasize changes from AI and its commitment to invest in the technology.So for more, let's bring in M ...