Pinterest Cuts Jobs to Focus on AI Growth
Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
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Pinterest plans to cut up to 15% of its workforce, shifting focus to AI products to boost revenue amid declining ad spending.
Anthropic and FIS are building AI agents that will help banks detect drug traffickers, terrorists, and money launderers faster and cheaper. First banks launching in 2026.
Firefly grew revenue 45% to $80.9M, posted a loss, but stock rose on Space Force deal and strong space program outlook.
Duolingo grew users and revenue, but stock fell as it focuses on long-term learning improvements over fast profits.