Snapper Creek forms power trading team
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Snapper Creek forms power trading team

Snapper Creek Energy expands to address AI-driven electricity market volatility.

Meta reorganizes AI division into two
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Meta reorganizes AI division into two

Meta splits AI team to boost product development speed.

restructure news

Tech companies are restructuring and cutting jobs, pivoting towards AI to improve efficiency and compete. Meta reorganised its AI division, while Amazon aims to regain its startup agility. Snapper Creek is forming a power trading team, and Chatbot Arena is formalising into Arena Intelligence Inc.

Recent restructure events

Snapper Creek forms power trading team

Snapper Creek forms power trading team

Snapper Creek Energy expands to address AI-driven electricity market volatility.

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Microsoft executes further workforce reductions

Microsoft executes further workforce reductions

Microsoft cuts hundreds more jobs after laying off 6,000 last month.

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Meta reorganizes AI division into two

Meta reorganizes AI division into two

Meta splits AI team to boost product development speed.

Read more about Meta reorganizes AI division into two →
The Browser Company pivots to AI

The Browser Company pivots to AI

The Browser Company may sell or open-source Arc to focus on AI.

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CrowdStrike cuts jobs, pivots to AI

CrowdStrike cuts jobs, pivots to AI

CrowdStrike to cut 5% of jobs, blaming AI for increased efficiencies.

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Amazon restructures to compete in AI

Amazon restructures to compete in AI

Amazon aims to regain its startup agility by restructuring for AI.

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Intel announces job cuts, weak forecast

Intel announces job cuts, weak forecast

Intel forecasts weakness and announces further job cuts to reduce costs.

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Apple Reorganises Robotics, AI Units

Apple Reorganises Robotics, AI Units

Apple is reorganising its AI and robotics divisions amid AI development struggles.

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Intel announces 20% workforce reduction

Intel announces 20% workforce reduction

Intel plans to cut over 20% of staff to reduce bureaucracy.

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Chatbot Arena forms Arena Intelligence

Chatbot Arena forms Arena Intelligence

Chatbot Arena is now Arena Intelligence Inc.

Read more about Chatbot Arena forms Arena Intelligence →