CloudFlare announced its first large-scale layoff. CEO Matthew Prince says because of AI efficiency gains, the company doesn't need as many support roles.
Cloudflare has announced its first-ever mass layoff, cutting approximately 1,100 employees — 20% of its workforce — as it reported record quarterly revenue of $639.8 million, a 34% year-over-year increase. Co-founder and CEO Matthew Prince and co-founder and president Michelle Zatlyn framed the cuts not as cost reduction but as a structural response to AI-driven productivity gains. Prince said […]
The software company said in February it would cut 7,000 jobs but, as it touts new technology, workers are still waiting to hear which roles will go
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Staff at WiseTech have been waiting almost three months to be told if they’re among the 2,000 people the logistics software company is to cut due to advances in AI, with workers criticising the wait as stressful and “ridiculous”.
The comments come as its founder on Tuesday told investors an AI agent could learn a human’s job in just 15 minutes, according to the Australian Financial Review.
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Nvidia CEO Jensen Huang pushed back against fears of AI-driven unemployment at a Milken Institute event on Monday, arguing that AI represents America’s greatest opportunity for reindustrialization rather than a threat to workers. Speaking with MSNBC’s Becky Quick, Huang contended that automating specific tasks within a role does not eliminate the broader purpose an employee […]
Apple’s Mac division outperformed Wall Street expectations in the second quarter, generating $8.4 billion in revenue — a 6% year-over-year increase that analysts had not anticipated. The company’s total revenue reached $111.2 billion, up 17% from the same period last year. CEO Tim Cook attributed part of the Mac’s strength to unexpectedly strong demand driven […]
Cloudflare is giving AI agents full autonomy to spin up new apps.
Starting today, agents working on behalf of humans can create a Cloudflare account, begin a paid subscription, register a domain, and then receive an API token to let them immediately deploy code.
To kick things off, human users must first accept the cloud company’s terms of service. From there, though, their role in the loop is optional; they don’t have to return to the dashboard, copy and paste API tokens, or enter credit card details. The AI agent just does its thing behind the scenes and has everything it needs to deploy “in one shot,” according to Cloudflare.
While this could be a boon to developers and product builders, it also signals a larger, concerning trend of over-trust in autonomous tools, to the detriment of governance and security.
For example, noted David Shipley of Beauceron Security, cyber criminals are being forced to constantly set up new infrastructure as security firms and law enforcement fight bac
Cloudflare is giving AI agents full autonomy to spin up new apps.
Starting today, agents working on behalf of humans can create a Cloudflare account, begin a paid subscription, register a domain, and then receive an API token to let them immediately deploy code.
To kick things off, human users must first accept the cloud company’s terms of service. From there, though, their role in the loop is optional; they don’t have to return to the dashboard, copy and paste API tokens, or enter credit card details. The AI agent just does its thing behind the scenes and has everything it needs to deploy “in one shot,” according to Cloudflare.
While this could be a boon to developers and product builders, it also signals a larger, concerning trend of over-trust in autonomous tools, to the detriment of governance and security.
For example, noted David Shipley of Beauceron Security, cyber criminals are being forced to constantly set up new infrastructure as security firms and law enforcement fight bac
