General Motors — AI news & models

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Monday.com joins the list of tech companies citing AI as a reason for layoffs — 20 more examples

Monday.com announced layoffs of about 20% of its workforce, or over 600 employees, citing a restructuring tied to its AI-driven growth strategy. This adds to a growing trend where major tech companies like Microsoft, Oracle, Meta, and Amazon have cited AI as a factor in job cuts, with nearly 140,000 U.S. tech jobs cut this year. However, AI-focused companies like Anthropic and OpenAI are hiring rapidly, and some firms are shifting headcount into AI roles.

monday.com

Microsoft

Oracle

GitLab

Google/DeepMind

Intuit

AI Boom-Induced Memory Shortage Hits Automakers: GM and BYD Raise Prices

The AI boom has caused a shortage of memory chips, which is now affecting automakers. General Motors expects car prices to rise by 0.3%, while BYD has raised prices for driver assistance systems by 20%. Experts warn of potential delivery delays and increased vehicle costs.

General Motors

BYD

Micron

3DNews23.07 · 23:47