corporate strategy AI News & Updates

Corporate AI Psychosis Fuels Tech Layoffs and Consumer Backlash

May 29, 2026 17:57

The tech industry is experiencing a wave of 'AI psychosis' as companies aggressively cut headcounts to replace human workers with AI agents, leading to rising tech layoffs in 2026. This aggressive integration has trigger...

OpenAI Plans September IPO Following Dismissal of Musk Lawsuit

May 20, 2026 17:24

OpenAI is reportedly preparing for an initial public offering as early as September 2026, working with Goldman Sachs and Morgan Stanley on the process. The move comes immediately after a lawsuit from co-founder Elon Musk...

Apple CEO Tim Cook Declares AI Victory Imperative in Company-Wide Meeting

August 2, 2025 21:21

Apple CEO Tim Cook held an all-hands meeting telling employees the company "must" win in AI, following commitments to significantly increase AI investments. Cook acknowledged Apple has fallen behind competitors in AI des...