Laid-off Oracle workers tried to negotiate better severance. Oracle said no.
Some found out they didn’t qualify for WARN Act protections like two-months notice because the company had classified them as remote workers.
Enterprise
Intel’s comeback story is even wilder than it seems
Intel’s stock has risen a stunning 490% over the past year, a bet by Wall Street that may be running well ahead of the company’s actual turnaround.
Cloudflare says AI made 1,100 jobs obsolete, even as revenue hit a record high
CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn’t need as many support roles.
Ethos raises $22.75M from a16z for its expert network with voice onboarding
Ethos says it is onboarding 35,000 experts per week.
AI boom pushes Samsung to $1T
Samsung crossed the $1 trillion valuation mark after shares surged on AI-driven chip demand, making it only the second Asian company after TSMC to hit the milestone.
Peter Sarlin’s QuTwo reaches $380M valuation in angel round
QyTw0, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million angel round ($29 million). It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies.
SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Sierra raises $950M as the race to own enterprise AI gets serious
The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global standard” for AI-powered customer experiences.
Amazon opens up its global logistics network to all businesses
The new service, called Amazon Supply Chain Services, pits the e-commerce giant directly against UPS and FedEx.
Salesforce is crowdsourcing its AI roadmap — with customers
Salesforce lets its customers lead its product roadmap with the thinking that if one enterprise customer has a problem, the others likely do too.