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Block, Jack Dorsey's company, cut over 4,000 staff (40%) despite strong financial performance, attributing it to new AI efficiencies and a pivot to an "intelligence-native" operational model. This move, driven by a focus on "agentic AI infrastructure," signals a fundamental shift in how tech companies might scale and manage operations. It prompts other enterprises to audit their own workflows for similar AI-driven consolidation.
Block, led by Jack Dorsey, slashed over 4,000 employees, nearly half its global workforce, citing AI as a proactive strategy to boost agility. Dorsey predicted similar widespread cuts across the industry. The move sent Block's stock soaring over 24% in after-hours trading.
Super Early Bird pricing for TechCrunch Disrupt 2026 concludes tomorrow, February 27, at 11:59 p.m. PT, offering the final chance to save up to $680 on passes or 30% on group registrations. The event, held October 13-15 in San Francisco, serves as a crucial platform for founders, investors, and operators to connect, raise capital, and discover innovations.
The EU's €93 billion Horizon Europe program has undergone a significant transformation in 2026, largely blocking Chinese organizations from receiving EU funding in critical tech areas like AI and semiconductors. This strategic shift is driven by concerns over research security and intellectual property, reflecting Europe's evolving approach to global scientific partnerships amidst geopolitical complexities.
Wisconsin Reverses Decision to Ban VPNs in Age-Verification Bill A significant legislative development in Wisconsin has seen the state reverse a provision that would have mandated websites to block Virtual Private
You can do a lot with free AI, but premium subscriptions unlock advanced features, higher usage limits, and faster performance. This article guides you through deciding if an AI upgrade is worth it, focusing on how to align a plan with your specific needs and what pitfalls to avoid.
