Updated Jul 2
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Apr 23, 2026
AI Layoffs: Perplexity CEO Sparks Backlash with 'Glorious Future' Comments
Perplexity AI CEO Aravind Srinivas triggered outrage by claiming AI layoffs could be a gateway to a brighter future. Critics slammed his comments as out of touch during a period marked by rising unemployment. While some see AI as a chance to innovate, the reality of lost income and stability can't be ignored.
AILayoffsPerplexity
Apr 22, 2026
X Square Robot Secures $276M Series B from Xiaomi and Sequoia China
X Square Robot bagged $276M in Series B funding led by Xiaomi and Sequoia China. This funding boost highlights massive investor interest in embodied AI. The startup, known for its proprietary 'general embodied intelligence foundation models,' has already drawn support from ByteDance, Alibaba, and Meituan.
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Apr 15, 2026
Snap Inc. Shakes Up with Major Layoffs: Is This the Road to Recovery?
Snap Inc. (SNAP) is making headlines with rumored mass layoffs, stirring up traders and sparking a 2.5% premarket gain. The unconfirmed reports suggest that CEO Evan Spiegel is taking cues from activist strategies to boost stock prices, despite concerns over missed revenue deals. As the tech industry navigates the ongoing trend of AI-driven efficiency cuts, Snap's move raises questions about its strategic future in AR and social media. What does this mean for investors and the broader tech landscape?
Snap Inc.LayoffsStock Market