February 18, 2026

laying

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Oracle makes a public clarification on the deal that analysts say will be behind company laying off up to 30,000 employees: We remain highly…

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Oracle is defending its substantial AI partnership with OpenAI amidst reports of potential job cuts to fund infrastructure. Despite a stalled Nvidia deal, Oracle remains confident in OpenAI’s funding capabilities. However, the company’s massive debt and market cap decline raise investor concerns about its ambitious AI spending plans. Oracle has publicly defended its partnership with…

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After laying off 1500 people, losing $88 billion; Meta CFO Susan Li tells analyst where the Reality Labs division will focus on

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Meta’s Reality Labs division is shifting focus from VR to wearables, despite continued development of future VR headsets. The company confirmed a significant reduction in VR investment this year, while increasing spending on wearables like smart glasses. This strategic pivot follows substantial losses in Reality Labs, with a projected peak in 2026 before expected declines….

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After laying off 4,000 employees and automating with AI agents, Salesforce executives admit: We were more confident about….

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Salesforce is scaling back its reliance on large language models due to reliability issues, as acknowledged by executives. The company is shifting towards more predictable ‘deterministic’ automation in its Agentforce product, aiming to eliminate AI’s inherent randomness. Salesforce, one of the world’s most valuable enterprise software companies, is pulling back from its heavy reliance on…

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‘Followed Basavaraj’s call’: Naxal leader Rupesh on laying down arms; rejects ‘traitor’ tag; | India News

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North Bastar Kanker [Chhattisgarh], Oct 26 (ANI): A total of 21 Maoist cadres, including 13 women, surrendered with 18 weapons, in North Bastar Kanker on Sunday. NEW DELHI: Rejecting the CPI(Maoist) central committee’s (CC) “traitor” tag thrown at him and fellow Naxal leader Bhupathi alias ‘Sonu’ in view of their recent surrender, CC member Rupesh…

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After hiring AI researchers at $100 million-plus pay packages, Mark Zuckerberg’s Superintelligence Labs unit is laying off 600 employees; read full memo

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Just weeks ago Mark Zuckerberg‘s Superintelligence Labs unit was in news for hiring AI researchers at $100 million pay packages. So much so that, Meta’s AI division started talent war in Silicon Valley, poaching AI engineers from rivals including Google, Apple and ChatGPT-maker OpenAI at multi-million-dollar salary packages. Nobody in the talent race for AI…

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After going for AI agents, laying off 4,000 employees; Salesforce CEO Marc Benioff says: AI doesn’t have a soul, it is not …

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Salesforce CEO Marc Benioff is delivering contradictory messages about AI’s role in the workplace. While his company recently eliminated 4,000 customer support positions in favor of AI agents, he told TBPN, a live daily YouTube show, this week that AI lacks something essential for sales roles—insisting artificial intelligence cannot replace human salespeople because it lacks…

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