AI recruiting giant Mercor, valued at $10 billion and serving OpenAI, Anthropic, and Meta, confirms a major data breach after hacking group TeamPCP planted malicious code in open-source AI library LiteLLM, with notorious extortion group Lapsus$ now claiming to hold 4TB of stolen data including source code, database records, and internal communications.
Meta CTO Andrew Bosworth urges college students to constantly build projects using AI coding tools and hands-on hardware like Raspberry Pi, stressing that practical experience is essential for breaking into tech as Silicon Valley's talent war for the next generation of AI builders intensifies.
Oracle slashes 10,000 jobs in India — roughly 20% of its local workforce — as part of a sweeping global restructuring affecting 30,000 employees worldwide, with analysts saying the cuts could free up $10 billion to fuel the tech giant's aggressive AI and data centre expansion.
A new survey reveals 91% of software engineers now use AI coding tools daily, with 42% saying they'd hesitate to hire developers who don't, as AI proficiency rapidly becomes a non-negotiable career skill rather than a threat to developer jobs.
AI recruiting startup Mercor confirms it was hit in a massive supply chain attack on open-source library LiteLLM, which sees millions of daily downloads, with extortion group Lapsus$ claiming responsibility and sharing allegedly stolen data including Slack conversations and contractor videos, while thousands of other companies may also be compromised.
Oracle is cutting thousands of jobs amid a 25% stock drop and mounting debt, as the tech giant bets big on AI infrastructure with plans to raise $50 billion and honor a $300 billion OpenAI deal, while analysts say slashing up to 30,000 employees could unlock $10 billion in free cash flow.
All 11 co-founders of Elon Musk's xAI have now departed the company, raising serious questions about its future as SpaceX absorbs the $250 billion acquisition and Musk admits its products must be rebuilt from scratch.
A new Quinnipiac University poll reveals American trust in AI is cratering, with 55% believing it will do more harm than good — an 11% spike from last year — as over 70% fear job losses and 80% refuse to work under an AI manager.
Elon Musk's xAI loses its final two original co-founders, Manuel Kroiss and Ross Nordeen, leaving Musk without any of his 11 founding partners as he admits the company 'was not built right the first time' and rebuilds from scratch following SpaceX's acquisition.
AI is decimating entry-level coding jobs, with U.S. postings dropping 35% since 2023, as Block slashes nearly half its 8,000-person workforce and experts warn a sweeping wave of white-collar tech layoffs is just beginning.