Bloomberg Technology
Tech Sector Layoffs Keep Mounting As Cuts in Other Sectors Fall
Tech sector job cuts and layoff announcements continue to mount in the US, even as overall private-sector layoff plans recede. Bloomberg’s Julia Fanzeres discusses what is driving the move in tech and how that’s translating to the wider economy. She joins Caroline Hyde on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…
Bloomberg Technology
Z.AI Founds Worked with Accused Chinese Spy Group
Four founders from one of China’s up-and-coming AI companies, Z.AI, worked on a study that was funded by a group accused of having ties to Chinese spies. Bloomberg’s Kate O’Keeffe explains the tech and national security concerns with Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch…
Bloomberg Technology
ASI’s Buckendorf on Winning FAA, Military Deals
ASI founder and CEO Phillip Buckendorf explains how the company’s AI helps customers like the FAA and military orchestrate complex systems and how it beat out rivals including Palantir to win government contracts. Buckendorf discusses how the company plans to use the $325 million it just raised at a $3 billion valuation, with Ed Ludlow…
Bloomberg Technology
AI Fears Roar Back After Elice IPO Flop
Bloomberg’s Ed Ludlow breaks down why fears about the AI trade are resurfacing after South Korean data center firm Elice plunged 32% in its market debut. Plus, Anthropic is in talks with Nscale for a massive new computing deal that could be worth as much as $45 billion, and Eric Schmidt’s early Anthropic bet could…
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@vrclckd-zz3pv
May 7, 2026 at 2:51 pm
They’re going to regret this in the long term. Amazon had to hire back a bunch of engineers because the Indian vibe coders they used to replace them weren’t able to handle Sev 2 incidents in a timely manner.
@kumaryashasvi5391
May 7, 2026 at 3:52 pm
Amazon doesn’t hire vibe coders from India; they have coding tests and interviews. Besides, the tech industry is laying off people in every country.
@vrclckd-zz3pv
May 7, 2026 at 4:11 pm
@kumaryashasvi5391 yes they do. I worked there until I was laid off in January. On the day that we left they added 19 people from Hyderabad to our slack channel.
I found out from one of our partners that they were heavily using Kiro to do everything and system upstime fell off a cliff.
Now my skip manager is reaching out to everyone who he let go trying to get them to return.