google launches chatgpt while gemini expands its platform

Several companies are restructuring their workforces to prioritize AI investments. 0G Labs is laying off about 25 percent of its staff to focus on AI agents, with the CEO telling remaining employees they should use AI daily to achieve 20 times their previous output. Uber is slowing hiring to invest more in AI, with CEO Dara Khosrowshahi noting that AI agents now produce about 10 percent of the company's code and expressing a desire for employees to increase their output by 20 to 100 percent. Meanwhile, tech companies like Coinbase are cutting pure managers—those who don't do individual contributor work—and asking survivors to act as player-coaches.

Yahoo is making its Scout AI engine a top priority this year, according to CMO Josh Line. Scout is a late entrant to the AI search space and aims to differentiate itself by clearly showing where its information comes from. Yahoo is launching an ad campaign this week focused on kids asking their parents many questions. Separately, the CEOs of four Berkshire Hathaway subsidiaries told Business Insider they are using AI to help customers, localize products, and use labor more efficiently, following Warren Buffett's retirement as CEO on New Year's Day.

Zalando reported strong Q1 results, crediting AI investments for improved logistics and supply chain management. Revenue rose 22 percent to 1.7 billion euros, and adjusted EBIT climbed 24 percent to 143 million euros. The company is expanding its AI Assistant into a lifestyle companion, deploying robots in logistics, and using generative AI to speed up product onboarding. Almost 10 million customers have used the Assistant so far in 2026. The integration of About You also contributed to performance.

Moneta's Aoifinn Devitt warns that AI demand remains heavily concentrated among early adopters, raising concerns about the durability of the current investment cycle. She sees momentum spreading into US mid-caps and argues that diversification, not turning away from US markets, is the stronger long-term strategy as AI adoption broadens globally. In other news, a California financier denied allegations in a $100 million fraud lawsuit over an AI investment, arguing the case must go to arbitration.

For workers looking to build AI skills, experts recommend starting with free tools like ChatGPT, Gemini, and Claude, and finding free training on Instagram, TikTok, and YouTube. Lisa Gevelber of Google's Grow with Google initiative noted that employers increasingly require AI skills but few offer training. SoundHound AI will announce Q1 2026 results on May 7, with analysts expecting strong revenue growth driven by enterprise AI demand. The company guides for full-year revenue between $225 million and $260 million.

Animoca Brands is launching a $10 million investment program for developers building on its persistent AI agent platform, Minds, with each project eligible for up to $1 million in funding, mentorship, and network access. Silicon Motion Technology, which designs controller chips for memory chips used in AI data centers, is up 150 percent year to date in 2026 after a blowout Q1 earnings report. Revenue jumped 105 percent year over year to $342.8 million, and the company expects Q2 revenue of $402 million.

Key Takeaways

  • 0G Labs is laying off 25% of staff to focus on AI agents; its token price has dropped over 80% since launch.
  • Uber is slowing hiring to invest more in AI; AI agents now produce about 10% of its code.
  • Yahoo is prioritizing its Scout AI engine this year, launching an ad campaign focused on kids asking questions.
  • Tech companies like Coinbase are cutting pure managers and asking survivors to do hands-on work.
  • Zalando reported 22% revenue growth in Q1 to €1.7 billion, crediting AI investments for logistics improvements.
  • Moneta warns that AI demand is concentrated among early adopters, raising concerns about the investment cycle's durability.
  • Experts recommend using free AI tools like ChatGPT, Gemini, and Claude to build AI skills for the job market.
  • SoundHound AI will report Q1 2026 results on May 7, with full-year revenue guidance of $225M–$260M.
  • Animoca Brands launched a $10M investment program for developers on its Minds AI agent platform.
  • Silicon Motion Technology stock is up 150% in 2026 after Q1 revenue jumped 105% year over year to $342.8M.

0G Labs cuts 25 percent of staff to focus on AI

0G Labs is laying off about 25 percent of its employees as it shifts focus to AI agents, according to a leaked email. The CEO told staff they should use AI every day to achieve 20 times their previous output. The crypto startup was last valued at $2 billion, but its token price has dropped over 80 percent since launch.

Uber slows hiring to spend more on AI

Uber CEO Dara Khosrowshahi said the company is slowing hiring as it invests more in AI. Uber now uses AI agents for about 10 percent of the code it produces. Khosrowshahi wants employees to use AI to increase their output by 20, 30, 50, or even 100 percent.

Yahoo makes Scout AI engine a top priority

Yahoo is making its Scout AI engine a top priority this year, according to CMO Josh Line. Scout is a late entrant to the AI search space and hopes to stand out by clearly showing where its information comes from. Yahoo is launching an ad campaign this week focused on kids asking their parents many questions.

Pure managers face highest layoff risk in tech

Tech companies like Coinbase are cutting managers who do not do any individual contributor work. These pure managers are especially vulnerable to layoffs. Managers who survive are being asked to act as player-coaches, meaning they must also do hands-on work.

Four Berkshire Hathaway CEOs share how they use AI

Business Insider spoke to the CEOs of four Berkshire Hathaway subsidiaries about how they use AI. They are using AI to help customers, localize products, and use labor more efficiently. Warren Buffett stepped down as Berkshire CEO on New Year's Day, and Greg Abel took over.

Zalando reports strong sales growth with AI investments

Zalando reported double-digit growth in first-quarter revenue and profits. Revenue rose 22 percent to 1.7 billion euros, and adjusted EBIT climbed 24 percent to 143 million euros. The company credits AI investments for improving logistics and supply chain management, leading to faster delivery and higher customer satisfaction. The integration of About You also helped boost performance. CEO Robert Gentz said the results show the company's strategy is working.

Zalando highlights AI progress in strong Q1 results

Zalando reported strong Q1 numbers and highlighted its AI progress. Group GMV grew 21.7 percent to 4.3 billion euros, and group revenue rose 23.8 percent to 3 billion euros. Adjusted EBIT increased 38.7 percent to 65 million euros, helped by 10 million euros in synergies from the About You acquisition. The company is expanding its AI Assistant into a lifestyle companion, deploying robots in logistics, and using generative AI to speed up product onboarding. Almost 10 million customers have used the Assistant so far in 2026.

Moneta warns AI crowding in US markets poses risk

Moneta's Aoifinn Devitt warns that AI demand is heavily concentrated among early adopters, which raises concerns about how durable the current investment cycle may be. She sees momentum spreading into US mid-caps. Devitt argues that diversification, not turning away from US markets, is the stronger long-term strategy as AI adoption broadens globally.

Moneta warns AI concentration in US markets is risky

Moneta's Aoifinn Devitt warns that AI demand remains heavily concentrated among early adopters, raising concerns about the durability of the current investment cycle. She sees momentum spreading into US mid-caps. Devitt argues that diversification, rather than turning away from US markets, is the stronger long-term strategy as AI adoption broadens globally.

Financier says 100 million dollar AI suit must go to arbitration

A California financier denied allegations in a 100 million dollar fraud lawsuit over an AI investment. The financier argued that the lawsuit must be resolved through arbitration instead of court. The case involves claims of fraud related to an AI investment.

Best ways to learn AI skills for today's job market

Employers across industries increasingly require AI skills, but few offer training, said Lisa Gevelber of Google's Grow with Google initiative. Experts recommend starting by using free AI tools like ChatGPT, Gemini, and Claude daily. Workers can also find free training on Instagram, TikTok, and YouTube. Another tip is to ask AI itself to create a learning schedule. Demonstrating AI skills on resumes with specific examples is also important.

Three things to watch in SoundHound AI Q1 earnings

SoundHound AI will announce its Q1 2026 results on May 7. Analysts expect strong revenue growth driven by rising demand for enterprise AI solutions. The company guides for full-year revenue between 225 million and 260 million dollars. Investors will also focus on the path to profitability, as heavy R&D spending may weigh on margins. Balance sheet strength is another key area to watch, as the company holds around a certain amount of cash.

Top AI stocks for growth investors in 2026

This article lists the best AI stocks for growth investors to buy in 2026. Top picks include NVIDIA, Alphabet, Microsoft, Amazon, and Baidu. These companies are leaders in AI and have seen significant stock gains. The article advises investors to do research, understand risks, and diversify their portfolios.

Animoca Brands launches 10 million dollar investment for Minds developers

Animoca Brands is launching an investment program of up to 10 million US dollars for developers building on its persistent AI agent platform, Minds. The program will provide funding, mentorship, and access to Animoca's network of experts. Each project can receive up to 1 million dollars. The goal is to support the growth of blockchain gaming and create new immersive experiences.

Pause AI Boise group pushes to stop AI advancement

A group called Pause AI Boise is pushing to stop the advancement of artificial intelligence. The group is advocating for a pause on AI development. The article is a video report from KTVB.

Silicon Motion Technology stock up 150 percent in 2026

Silicon Motion Technology is up 150 percent year to date in 2026. The company designs controller chips for memory chips used in AI data centers. A blowout Q1 earnings report caused analysts to raise their price targets, with JPMorgan raising theirs from 145 to 260 dollars. Revenue jumped 105 percent year over year to 342.8 million dollars. The company expects another strong quarter in Q2 with revenue of 402 million dollars.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

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