AI-powered legal support startup Soxton announced the acquisition of Cipher Technologies. Cipher performs research and ensures large language models (LLMs) have limited parameters to prevent ...

Block has rehired at least four laid-off employees, according to LinkedIn posts. One engineer said he was rehired after his layoff was deemed a "clerical error ...

Cipher Digital (CIFR) has $9.3B in contracted HPC revenue from 15-year AWS and 10-year Google/Fluidstack leases targeting October 2026 energization, though Keefe Bruyette cut its price target to $20 ...

Mr. Zamost was the head of communications, policy and people at Square, now known as Block, from 2015 to 2020. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los ...

Seven former Block workers say they used AI to varying degrees and weren't convinced it would replace them. CEO Jack Dorsey's decision to cut the workforce in half came as a shock. AI-driven layoffs ...

Payments company Block announced it’s laying off 40% of its staff. According to Chairman and founder Jack Dorsey: “This decision comes from a position of strength. Intelligence tools have changed what ...

Block's stock surged 19% after strong Q4 results and raised guidance, despite cutting 4,000 jobs (40% of its workforce). The company attributes these layoffs to AI tools, aiming for a leaner, ...

Jack Dorsey isn’t wasting any time. The chairman and co-founder of Block XYZ-0.26%decrease; red down pointing triangle is cutting 40% of the payments company’s workforce, or more than 4,000 employees, ...

Jack Dorsey believes A.I. will force most companies to rethink headcount, and he’s acting before the market does. MARCO BELLO/AFP via Getty Images Block, the parent company of Square and Cash App, has ...

This is read by an automated voice. Please report any issues or inconsistencies here. Fintech company Block said Thursday that it’s cutting more than 4,000 workers or nearly half of its workforce as ...

Block is the latest business to announce layoffs, with the operator of payment platforms Square and Cash App opting to cut jobs in favor of using more AI tools. The financial tech company, helmed by ...

Block, the parent company of Square and the Cash App, is conducting a major reorganization in the age of artificial intelligence, and investors are rewarding the move. The payment-technology company ...