Tech

Scoop: Groq raising $650 million for its second act

This follows a $20 billion licensing deal with Nvidia.

Amazon Alexa Tech Powers New AWS Retail AI Assistant

AWS is launching a new AI shopping assistant, built using the technology behind Alexa, to help global retailers enjoy customised shopping experiences

Your Prototype Graveyard Is Leaking Secrets. The Prototype Classifier + Demotion Audit Decide What Stays

Product management has always been a rationing job. Most ideas would not get built. Engineering time was scarce. Coordination was slow. A roadmap was partly a strategy document and partly a rationing system, and product managers helped decide which customer problems, executive priorities, technical constraints, and market bets deserved the company’s limited ability to make software.

Figma Make Can Edit Your Production Codebase Now

Teams can use Figma Make as a visual surface for building and editing real software by connecting Make with a production or sandbox repository via the Figma desktop app. Figma is also introducing a new editing panel in Figma Make for “precise design adjustments like layouts, colors, font sizes, and effects.”

Has the hunt for AI compute uncovered the next Cerebras?

General Compute is betting SambaNova will be the next breakout chipmaker.

How should bosses talk about AI?

If you are a bank boss and in the headlines, you are either Jamie Dimon or you have screwed up. Bill Winters, the chief executive of Standard Chartered, an emerging-markets bank headquartered in Britain, made waves recently when he talked about a planned 15% reduction in back-office jobs over the next four years. Four words in particular landed him in trouble: a reference to the replacement of “lower-value human capital” by financial capital invested in automation. The kerfuffle provides an instructive case study in a problem now faced by almost every manager: how to talk about the effect of artificial intelligence on jobs.

Leo’s first encyclical attacks technological messianism

Pope Leo’s first encyclical, Magnifica Humanitas, is very long (at more than 42,000 words, the length of a short novel). It tackles numerous issues, perhaps too many. The pontiff pleads for fact-checked journalism and multilateral diplomacy. He apologises for the papacy’s belated condemnation of slavery. He declares the concept of “just war”, most recently used by J.D. Vance, America’s vice-president, to justify the attack on Iran, “outdated”. The central purpose of the document, however, is to challenge the unregulated development of artificial intelligence.

Wix cuts 20% of workforce in AI and currency restructuring

Wix is cutting roughly 1,000 jobs, about 20% of its workforce, in the largest layoff in company history. CEO Avishai Abrahami cited the strengthening Israeli shekel and the need to rebuild the company around AI-native roles. The stock has fallen more than 50% in 2026.

Wix is laying off 20% of staff. Read the memo

Wix CEO Avishai Abrahami announced a 20% staff reduction, citing AI advancements and currency shifts as driving factors for the layoffs.

Kia's flagship EV has a battery problem

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Who Decides Which Jobs AI Will Take?

Different models are producing very different assessments of exposure levels

Mistral’s Arthur Mensch directly rebuts Pope Leo on AI in warfare

Three days after the Vatican called for AI to be ‘disarmed’, the Mistral CEO defended his company’s defence-AI work, arguing Europe cannot afford unilateral restraint.