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May 31, 2026
Groupon Cuts 400 Jobs, Nearly 25% of Workforce, in AI-Native Restructuring
Groupon will cut up to 400 positions — nearly a quarter of its workforce — as part of Project Foundry, a multi-year restructuring to become an AI-native company. The cuts are expected by September 2026. Groupon joins Meta, Snap, and SentinelOne in explicitly framing layoffs as AI-driven transformation.
May 6, 2026
Anthropic Secures SpaceX's Colossus for AI Compute Boost
Anthropic partners with SpaceX to secure 300 megawatts at the Colossus One data center, utilizing over 220,000 Nvidia GPUs. This collaboration addresses the demand surge for Anthropic's Claude Code service and marks a strategic expansion in AI compute resources.
May 5, 2026
Sierra Secures $950M as Enterprise AI Heats Up
Sierra, Bret Taylor's AI startup, just closed a $950M round, hitting a $15B valuation. Armed with over $1B, Sierra aims to dominate the enterprise AI scene by enhancing customer experiences with AI agents.