Yahoo Finance

Cipher Digital (CIFR) Reaffirms Focus on AI Infrastructure

Cipher Digital Inc. (NASDAQ:CIFR) is one of the 15 AI stocks that are quietly making investors rich. On March 5, Cipher Digital Inc. (NASDAQ:CIFR) CEO Rodney Page presented his company’s ...
Yahoo Finance

Assessing Cipher Digital (CIFR) Valuation As It Shifts From Bitcoin Mining To AI Data Center Partnerships

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Cipher Digital (CIFR) is pivoting away from Bitcoin mining ...
The New York Times

I Worked for Block. Its A.I. Job Cuts Aren’t What They Seem.

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 ...
New York Post

Block shares spike 20% after Jack Dorsey orders sweeping layoffs to ride AI wave

Financial tech firm Block’s stock surged as much as 20% in Friday trading after its billionaire CEO Jack Dorsey revealed plans for sweeping layoffs and a full embrace of AI tools. Dorsey, best known ...
Forbes

Block Lays Off 40% Of Staff And Blames It On AI. Don’t Buy The Excuse.

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 ...
Fox Business

Jack Dorsey cuts nearly half of Block workforce amid major AI overhaul

Block on Thursday announced that it will cut nearly half of its workforce as the payments firm works to embed artificial intelligence (AI) throughout its operations. The layoffs will affect over 4,000 ...
Observer

Jack Dorsey Recasts Block as an A.I.-First Company

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 ...
Morningstar

Block says AI will let it cut more than 4,000 jobs. Some argue that's not the whole story.

Block's 'audacious' move ignites debate over whether the company is using AI as an excuse to walk back reckless hiring Block is the parent company of Square and the Cash App. Block's stock is ...
Wall Street Journal

Jack Dorsey’s Block to Lay Off 40% of Its Workforce in AI Remake

Block XYZ5.52%increase; green up pointing triangle, the payments company founded by Jack Dorsey that includes Square and Cash App, said Thursday that it plans to lay off 40% of its workforce, or more ...
Engadget

Block, the parent of Square and Cash App, is laying off over 4,000 people

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 ...
MarketWatch

Block plans to lay off nearly half its staff in ‘deliberate and bold’ embrace of AI

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 ...