Employers are quietly rehiring the people AI replaced, and paying them less to come back
Fifty-five percent of employers regret laying off workers for AI, and roughly half of those AI-attributed layoffs are expected to be reversed through rehiring at lower wages or offshore positions. A European directive now requires employer consultation before such decisions, with financial penalties for noncompliance.
Read full story →Alibaba is raising $10.2bn and spending all of it on AI
Alibaba is raising $10.2 billion through a Hong Kong share placement to fund AI infrastructure and capabilities. The company reported a 75% quarterly net profit decline due to elevated AI spending.
A free AI model is winning over developers. And nobody knows whose servers it runs on
An anonymous AI model called Ox Alpha with a one-million-token context window appeared on OpenRouter last week and has impressed developers with its free availability. The unidentified provider retains prompts and completions according to OpenRouter's listing, while the model's creator remains publicly unclaimed.
Nvidia AI server prices are rising more than 15% from early next year
Nvidia is raising prices on AI servers containing its chips by more than 15% starting early next year, driven by memory costs. The price increases will affect many of the company's largest customers across various server configurations.